Both opponents of and proponents of government intervention most likely would agree with which of the following?
A) Government can and does create proper incentives to correct for externalities.
B) Property rights eliminate the need for government.
C) The market is inherently fair.
D) Property rights must exist for a market to operate.

Question

Quizplus · Accepted Answer

Both opponents and proponents of government intervention generally agree that property rights are essential for a market to function, as they provide the legal framework necessary for transactions and economic activity.

Both Opponents of and Proponents of Government Intervention Most Likely