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From course:

Economics A Level (DONEEEEEEE)

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Question:

How can Governments intervene and help the Free Market to reach the Socially Optimal Level?

Author: eric_galvao



Answer:

-Governments can directly Provide the Good/Service, Tax, or use Subsidies [Influences consumption of good] -Government has a Lot of Information regarding the Costs and Benefits of Goods/Services so can make Wise Choices to benefit the Nation


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