Since the free market (competitive) equilibrium maximizes social efficiency, why would the government ever intervene in an

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Since the free market (competitive) equilibrium maximizes social efficiency, why would the government ever intervene in an economy?

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Public Finance and Public Policy

ISBN: 978-1429278454

4th edition

Authors: Jonathan Gruber

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Question Posted: Apr 25, 2015 07:31 AM

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Since the free market (competitive) equilibrium maximizes social efficiency, why would the government ever intervene in an

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Efficiency is not the only goal of government policy Equi...View the full answer

Public Finance and Public Policy

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