Answer to Question #104945 in Macroeconomics for Kg

Question

Which one of the following statements is correct?
1. Eskom is an example of a nationalised entity 2. Nationalization will attract foreign direct investment, which will increase foreign reserves 3. The transfer of ownership from a private enterprise to the government is called nationalisation 4. Nationalising an organisation wold increase efficiency
B Which of the following correctly states how government spending is financed? 1 taxes, borrowing and income from government owned property 2 taxes, gold reserves and income from private owned property 3 borrowing, gold reserves and government owned property 4 taxes, borrowing and gold reserves

Answer 1

Which one of the following statements is correct?

3. The transfer of ownership from a private enterprise to the government is called nationalisation 

B Which of the following correctly states how government spending is financed? 

1 taxes, borrowing and income from government owned property