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More cards in this set
Card 6
Front
What are the advantages of legislation?
Back
Card 7
Front
What are the disadvantages of legislation?
Back
Card 8
Front
How can indirect taxation combat market failure?
Back
Card 9
Front
How can grants and subsidies combat market failure?
Back
Card 10
Front
How can voluntary agreements combat market failure?
Back
Card 11
Front
What is an incentive?
Back
Card 12
Front
How can an incentive combat market failure?
Back
Card 13
Front
What are some other ways of correcting market failure?
Back
Card 14
Front
Why do governments sometimes not correct market failure once they have intervened?
Back
Card 15
Front
How can distortion of price signals be an unintended consequence of government intervention?
Back
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