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Answer to Question #202477 in Economics for Paballo
Question #202477
2.2 Which of the following statements is/are correct? a) The failure of markets to produce efficient outcomes, is called government failure. b) Government may fail to have efficient outcomes due to corruption. c) Government failure arises because bureaucrats put the interest of society first. [1] b and c [2] a and b [3] a and c
Expert's answer
[2] a and b
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