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When does state intervention become government failure?
A
When intervention causes a greater equality of income than the free market.
B
When intervention causes a greater increase in economic growth than the free market.
C
When intervention causes a smaller resource misallocation than the free market.
D
When intervention causes a greater resource misallocation than the free market.
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8.1.2 government failure in microeconomic intervention Flashcards
26 flashcards on CIE Intl A Level Economics 8.1.2 government failure in microeconomic intervention: the key terms and definitions you need to recall.