Government Failure Flashcards
1
Q
Government intervention can cause the Misallocation of Resources
A
1, 2, 3, and orange bit
2
Q
Government intervention may cause Market Distortions
A
page 104
3
Q
Government Bureaucracy can Interfere with the way markets work
A
1, 2, 3, 4, 5
4
Q
Conflicting Policy Objectives are a source of government failure
A
page 104
5
Q
Government Failure can be caused by Inadequate Information
A
page 105
6
Q
Administrative costs can also be the cause of Government Failure
A
page 105
7
Q
There are some other causes of Government Failure
A
page 105
