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tancod703Lv1
11 Dec 2019
In a cost-benefit analysis, the government should intervene as long as
A. The benefits of government intervention exceed the costs
B. The government corrects market failures despite government failure
C. The value of government failure exceeds the value of market failure
D. The government corrects market failures without government cost
In a cost-benefit analysis, the government should intervene as long as
A. The benefits of government intervention exceed the costs
B. The government corrects market failures despite government failure
C. The value of government failure exceeds the value of market failure
D. The government corrects market failures without government cost
Ojasvi GoyalLv4
31 Aug 2020
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This question is based on The Economist Magazine's Schools Brief: State and Market - which has its own module in Etudes.
Government intervention to correct a market failure:
| A. | has become more important as the damage of market failures has risen | |
| B. | has diminished in recent years - which is a good thing. | |
| C. | faces the problem of the regulators being captured by the industry they are regulating | |
| D. | has diminished in recent years - which is a bad thing |
