QUESTION 5: Could legal interventions that affect our economic life and take the form of either taxes or regulations by the government not be motivated by solving market failures? Give some examples.

Macroeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter2: Some Tools Of The Economist
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QUESTION 5: Could legal interventions that affect our economic life and take the form of either
taxes or regulations by the government not be motivated by solving market failures? Give
some examples.
Transcribed Image Text:QUESTION 5: Could legal interventions that affect our economic life and take the form of either taxes or regulations by the government not be motivated by solving market failures? Give some examples.
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