COMMERCE 1E03 Chapter Notes - Chapter 4: Cash Cow, Fiscal Policy, Liquor Control Board Of Ontario
1 Feb 2018
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Which of the following definitions is incorrect: fiscal policy refers to the management of the money supply and interest rates, a federal budget is a comprehensive report that reveals government financial policies for the coming year. Government involvement within businesses can be broken down into six categories: crown corporations, laws and regulations, taxation and financial policies, government expenditures, purchasing policies, services. A company that is owned by the federal or provincial government. Providing services that are not provided by firms. Provide services that could not otherwise be provided (i. e bank of canada) Easing the rules and regulations to operate in a specific industry. Defined as a cash cow , crown corporation. Revenue pays for healthcare, education, infrastructure and other important services. Make sure the constitution act is being followed. Agencies operate on behalf of the government and make sure that laws are being regulated and implemented.
