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April 20, 2024, 11:57:59 am
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Author Topic: Recent examples of government failure in markets  (Read 1064 times)  Share 

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the_boss69

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Recent examples of government failure in markets
« on: October 11, 2018, 02:43:31 pm »
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What are some recent examples of government failure in markets? The textbook is very limited in regards to this topic
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Chelsea f.c.

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Re: Recent examples of government failure in markets
« Reply #1 on: October 11, 2018, 03:36:25 pm »
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Kevin Rudd's home insulation and the Murray darling basement scheme may be seen as a failure
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Bachelor of Commerce (Honours) Finance - UoM - 2019
Bachelor of Commerce - Economics and Finance - UoM - 2015 - 2018
Diploma in Mathematical Sciences - Statistics and Stochastic Processes - UoM - 2015 - 2018

S200

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Re: Recent examples of government failure in markets
« Reply #2 on: October 11, 2018, 03:37:10 pm »
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Minimum wage and negative gearing are the two main ones that my teacher gave me...
Basically, it's Government intervention resulting in failure.
Minimum wage causes a lowering of productivity.
Negative gearing lowers taxation revenue.
« Last Edit: October 11, 2018, 03:39:50 pm by S200 »
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