Can markets generally be counted on to achieve desirable outcomes and adjust quickly and appropriately to changes,

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Can markets generally be counted on to achieve desirable outcomes and adjust quickly and appropriately to changes, or are they rigid and subject to frequent problems that need correction? Discuss the potential problems with the market and how government intervention could potentially solve these problems.

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Macroeconomics Private And Public Choice

ISBN: 9780357134009

17th Edition

Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

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