Many government programs both redistribute income and correct a market failure. What are the market failures associated
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Many government programs both redistribute income and correct a market failure. What are the market failures associated with each of these programs, and how else might they be addressed if there were no distributional objectives?
a. Student loan programs
b. Public elementary education
c. Public support for universities
d. Social Security
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Related Book For
Economics Of The Public Sector
ISBN: 9780393925227
4th Edition
Authors: Joseph E. Stiglitz, Jay K. Rosengard
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