Edexcel A-Level Economics AS 1.3.6 2a Government Failure As Intervention That Results in a Net Welfare Failure Loss Topic Practice

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Question 1

[Maximum number: 1]

Which one of the following is an example of government failure?

A

Government intervention leads to a net welfare gain

B

A new environmental regulation leads to excessive administrative costs

C

Speculators cause a market bubble to emerge in the housing market

D

Free riders lead to the underprovision of public goods

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