Question: Determine whether each statement is true, false, or uncertain and explain why . Answers with no explanation will receive no points. Note that it is

Determine whether each statement is true, false, or uncertain and explain why. Answers with

no explanation will receive no points. Note that it is possible to answer each question for full credit with a few sentences.

a.If a market is efficient, government intervention is never warranted.

b.As of 2014, the US government's spending and revenue financing policies have led to a decrease in income inequality compared to that observed in the 1960s

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