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Which of the following is a source of government failure?

A. Excessive flexibility

B. The enormous size and scope of government

C. The lack of bureaucracy in government

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Garima Menon
Garima MenonLv7
17 Mar 2021

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Related questions

Which of the following is an example of government failure?

A. A negative externality, such as pollution.

B. An increase in bureaucracy and red tape that fails to improve economic outcomes.

C. An increase in airline safety.

D. An increase in the costs of production and an improvement in economic outcomes.

In a cost-benefit analysis, the government should intervene as long as

A. The benefits of government intervention exceed the costs

B. The government corrects market failures despite government failure

C. The value of government failure exceeds the value of market failure

D. The government corrects market failures without government cost

A situation in which government intervention in the economy worsens the economic outcome is termed
a. neoclassical failure
b. socialism 
c. government failure 
d. market failure 

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