Twa kɔ nsɛm atitiriw so

Sign up for FREE

Chapter 24 Government intervention keywords

Last updated almost 2 years ago

8 Nsɛmmisa

1

1

2

1

1

1

1

1

Asemmisa {{asɛmmisaAhyɛnsode}}

1.

What is taxation

Amount paid to businesses

Amount of money paid to the government from income/profit

Amount of money paid to government by high income earners

Asemmisa {{asɛmmisaAhyɛnsode}}

2.

What are subsidies?

Asemmisa {{asɛmmisaAhyɛnsode}}

3.

What are regulations?

Asemmisa {{asɛmmisaAhyɛnsode}}

4.

What is meant by Monoply power?

More than one firm dominating the market

One firm sets average costs of the market

One firm dominates the market

More than one firm setting average costs of the market

Asemmisa {{asɛmmisaAhyɛnsode}}

5.

What are fines?

Asemmisa {{asɛmmisaAhyɛnsode}}

6.

What are Anti-competitive practices?

Asemmisa {{asɛmmisaAhyɛnsode}}

7.

What is meant by a national minimum wage?

Asemmisa {{asɛmmisaAhyɛnsode}}

8.

What are subsidiaries?