Which of the below examples of government involvement does NOT lead to economic growth? Group of answer choices Government provides as public goods items that are good for society but have a free rider problem that could lead to crippling costs to private enterprise if they provided them. Government provides uniform rules and regulations such as contract law, roots out fraud and ciculates a sound currency with relatively stable value. Government redistributes income and wealth from the rich to the poor such that income disparity is eliminated, and everyone makes about the same amount regardless of their ability or effort.
Which of the below examples of government involvement does NOT lead to economic growth? Group of answer choices Government provides as public goods items that are good for society but have a free rider problem that could lead to crippling costs to private enterprise if they provided them. Government provides uniform rules and regulations such as contract law, roots out fraud and ciculates a sound currency with relatively stable value. Government redistributes income and wealth from the rich to the poor such that income disparity is eliminated, and everyone makes about the same amount regardless of their ability or effort.
Chapter17: Development Economics
Section: Chapter Questions
Problem 4E
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Question
Which of the below examples of government involvement does NOT lead to
Group of answer choices
Government provides as public goods items that are good for society but have a free rider problem that could lead to crippling costs to private enterprise if they provided them.
Government provides uniform rules and regulations such as contract law, roots out fraud and ciculates a sound currency with relatively stable value.
Government redistributes income and wealth from the rich to the poor such that income disparity is eliminated, and everyone makes about the same amount regardless of their ability or effort.
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