Which of the following is not considered a rationale for the intervention of government in the market process in the United States?

Question

Quizplus · Accepted Answer

The long-run planning of scarce resources is not considered a rationale for government intervention in the market process in the United States. The other options, such as the redistribution of income, reallocation of resources, and short-run stabilization of prices, are all reasons why the government may intervene in the market.

Which of the Following Is Not Considered a Rationale for the Intervention