Government failure is likely to occur for all of the following reasons except:
A. intervention in markets is always simpler than it initially seems.
B. special interest groups might lobby government to the detriment of the public good.
C. the bureaucratic nature of government intervention does not allow fine-tuning.
D. individuals have better information about a situation that affects them than does government.
Answer: A
Economics
You might also like to view...
Under 50 percent of Americans oppose mandatory busing
Indicate whether the statement is true or false
Economics
The government program that provides aid to families in need is
A) TANF. B) Social Security program. C) Supplemental Security Income program. D) Earned Income Tax Credit.
Economics