Which is the correct statement about the relationship between government and the market?
A) Government should intervene on the consumers' behalf.
B) Government should intervene on the producers' behalf.
C) Government should not intervene on any party's behalf.
D) Government often plays a role in disciplining the market process.

Question

Quizplus · Accepted Answer

Government often plays a role in disciplining the market process by implementing regulations and laws to maintain market competition, protect consumer interests, and prevent market failures. However, the government's intervention should be carefully balanced to ensure that it does not stifle business growth and innovation.

Which Is the Correct Statement About the Relationship Between Government