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From course:

Economics A Level (DONEEEEEEE)

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Question:

What else can Cause Government Failure?

Author: eric_galvao



Answer:

-Regulatory Capure: Firms that are Covered by Regulatory Bodies may Influence the Call of the Regulatory to have the Outcomes suit the Firm. -Time is Needed to see where Market Failure is, and try and dish out a Policy to Correct. The Problem however may have Changed -External Shocks can affect how Effective Government Intervention goes.


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