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Government intervention in conditions like inflation

Based on the "10 Principles of Economics" please help to answer the following problems.

1. Under what conditions might government intervention in a market economy improve the economyâ??s performance? Give at least two exs.

2. describe how an attempt by the government to lower inflation could cause unemployment to increase in the short-run.

 

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M926578

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