Principles of Economics, 7th Edition

Published by South-Western College
ISBN 10: 128516587X
ISBN 13: 978-1-28516-587-5

Chapter 1 - Part I - Ten Principles of Economics - Quick Check Multiple Choice: 5

Answer

Governments may intervene in a market economy in order to: d. All of the above.

Work Step by Step

Governments play an important role in the protection of property rights, correction of market failures due to externalities, and achievement of a more equal distribution of income.
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