Economists consider governments to be "wasteful"

Name: Economists consider governments to be "wasteful"
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Question

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Economists consider governments to be "wasteful" whenever they over- or underallocate resources to a project. Overallocation can lead to resources being misused or wasted, while underallocation can result in projects not being completed efficiently or effectively. Therefore, economists believe that governments should strive to allocate resources optimally to avoid such waste.

Economists Consider Governments to Be "Wasteful