Question

true or false:
a. the federal governments role in business is limited to collecting taxes.
true false
b. state governments can regulate commerce that occurs between different states.
true false
c. local governments primarily deal with national issues like labor standards and federal taxes.
true false

Explanation:

• A: The federal government's role in business is not limited to collecting taxes. It also enforces regulations (e.g., anti - trust laws), provides infrastructure, and may offer subsidies or bail - outs in certain situations.
• B: According to the U.S. Constitution, the power to regulate interstate commerce is given to the federal government, not state governments.
• C: Local governments deal with local issues such as zoning, local infrastructure (e.g., local roads), and local public services. National issues like labor standards (in a broad sense) and federal taxes are primarily the domain of the federal government.

Answer:

A. False
B. False
C. False