There is government failure when
A) policymakers are captured by special interest groups.
B) a minority government is defeated in the House of Commons.
C) government policy serves the public interest.
D) economists lie to politicians.
E) markets quickly self-adjust.

Question

Quizplus · Accepted Answer

Government failure occurs when policymakers prioritize the interests of special interest groups over the public interest. This can lead to policies that are inefficient and inequitable, and do not benefit society as a whole.

There Is Government Failure When