Solved

Opponents of Government Intervention in the Economy Argue That Government's

Question 148

Multiple Choice

Opponents of government intervention in the economy argue that government's attempts to correct informational problems:


A) are justified in most cases though politically difficult to implement.
B) are not necessary since an efficiently operating market system ensures that adequate information will be provided.
C) often create greater problems, such as FDA restrictions on experimental drugs for AIDS, which could save lives.
D) will make market transactions much more efficient.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents