The disadvantages of government intervention include

A. reduced regulation.
B. lower taxation.
C. incentive problems.
D. achieving desirable goals.


Answer: C

Economics

You might also like to view...

An increase in demand will cause the equilibrium price and quantity to rise, ceteris paribus

Indicate whether the statement is true or false

Economics

Why is a firm in perfect competition a price taker?

What will be an ideal response?

Economics

Many government programs, such as unemployment compensation, operate on a deficit during recessions and a surplus during periods of economic expansion. The programs are referred to as

A) discretionary fiscal policy. B) automatic stabilizers. C) Ricardian equivalence. D) Recognition time lag.

Economics

Refer to the accompanying table below. The average benefit of 2 units of activity is:Units of ActivityTotal CostTotal Benefit0$0$01$30$1002$40$1603$60$1904$100$2105$150$2206$210$225 

A. $40 B. $60 C. $20 D. $80

Economics