Which of the following do economists not generally regard as a legitimate reason for the government to intervene in a market?
A)To promote efficiency
B)To promote equality
C)To enforce property rights
D)To protect an industry from foreign competition

Question

Quizplus · Accepted Answer

Economists generally support government intervention in the market for reasons such as promoting efficiency, promoting equality, and enforcing property rights. However, protecting an industry from foreign competition is often viewed skeptically because it can lead to inefficiencies, higher prices for consumers, and can hinder overall economic growth by protecting industries that may not be competitive on a global scale.

Which of the Following Do Economists Not Generally Regard as a Legitimate