In January 2025
Answer to Question #263270 in Economics for Nalyn
Discuss the role of government in managing the economy?
The government (1) provides the legal and social framework within which the economy operates, (2) maintains competition in the marketplace, (3) provides public goods and services, (4) redistributes income, (5) cor- rects for externalities, and (6) takes certain actions to stabilize the economy.
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