Answer to Question #202475 in Economics for Paballo

Question

2.1 An appropriate government intervention in the economy …[1] is to encourage a monopolistic market that satisfies the aggregate demand for goods and services by the public. [2] is to get involved in the economic sectors where the private sector is producing goods and services more efficiently. [3] involves measures to correct market failure and provision of public goods and services. [4] has to do with taking income from those with low incomes and providing income to those with higher incomes. 

Answer 1

[3] involves measures to correct market failure and provision of public goods and services.