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27 Nov 2019
Which of the following is NOT a main economic function of the government in a market economy?
a.Government promote equity by using tax and expenditure programs to redistribute income toward particular groups.
b.Government increase efficiency by providing public goods.
c.Government increase efficiency by promoting competition and curbing externalities like pollution.
d.Government use the visible hand to get the upper hand over the invisible hand so as to overcome the scarcity of resources.
Which of the following is NOT a main economic function of the government in a market economy?
a.Government promote equity by using tax and expenditure programs to redistribute income toward particular groups.
b.Government increase efficiency by providing public goods.
c.Government increase efficiency by promoting competition and curbing externalities like pollution.
d.Government use the visible hand to get the upper hand over the invisible hand so as to overcome the scarcity of resources.
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