An advantage government possesses over private markets is that the market always has a short-run focus on its activities while government is always able to exercise a long-run view.

Question

Quizplus · Accepted Answer

Both government and private markets can have either short-run or long-run focuses depending on the policies, goals, and strategies they adopt. The distinction is not inherent to either entity.

An Advantage Government Possesses Over Private Markets Is That the Market