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As long market forces results in a satisfied level resulting in full employment, stable prices, and economic growth, there would be no need for government intervention. This would only happen to achieve certain policy objective and improve certain policy of the economy. Policy instruments are the main the main options available to a government for managing the economy...
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As long market forces results in a satisfied level resulting in full employment, stable prices, and economic growth, there would be no need for government intervention. This would only happen to achieve certain policy objective and improve certain policy of the economy. Policy instruments are the main the main options available to a government for managing the economy...
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General points of the essay
Can government intervention be effective in correcting market failures associated with alcohol?
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