Most Economists Believe That

Most economists believe that:

A) government cannot correct failures of market outcome.
B) a government policy designed to correct the failure of a market outcome is always more desirable than living with the failure.
C) a policy decision must weigh the costs of market failure against the costs of government failure.
D) it is always better to change the price structure by subsidizing goods than to openly give money to individuals to achieve distributional goals.

Correct Answer:

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