Which of the following is an example of government failure?
A)Bureaucratic delays.
B)Required use of pollution control technology that is obsolete.
C)Inefficient incentives.
D)All of the choices are correct.

Question

Quizplus · Accepted Answer

All of the choices, bureaucratic delays, required use of obsolete technology, and inefficient incentives, are examples of government failure. Bureaucratic delays hinder productivity and reduce efficiency. The required use of obsolete technology can increase costs for businesses and may not be an effective means of pollution control. Inefficient incentives may lead to unintended consequences and inefficient allocation of resources. Overall, government failure refers to situations where government intervention in the economy or society leads to suboptimal outcomes or unintended consequences.

Which of the Following Is an Example of Government Failure