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For each of the following govenment actions, arower the following questions: to What maket folure, if any, does the policy address? tiis Does the policy
For each of the following govenment actions, arower the following questions: to What maket folure, if any, does the policy address? tiis Does the policy stimulate econeric growth" finis the policy an eample of govennent falure? (im) Whase intereats are served by the policy? (c) in 199 s, the indonesian government an nounced the creation of a 'national car' called the Timor. The car was to be pruduced by a company under the control of Tonumy suharto, the president's son, whose only experience in the automoble industy was as a rece-car diver. Nehough the car was actually manufactured in South Worea it was evempt from duties and luasiry taxes paid by other impoeted automobiles. Tooming crtering the murder of a hudges ie in mary countriec, it is illegul to operate a privase mal service in compebtion with the govennewt post office. (5 Mary govenmerits inpose a minimain wago. roadian teconstruction. 00 Mary goverments pay some or all of the costs Ct eolege edxatian for their citinem. For each of the following govenment actions, arower the following questions: to What maket folure, if any, does the policy address? tiis Does the policy stimulate econeric growth" finis the policy an eample of govennent falure? (im) Whase intereats are served by the policy? (c) in 199 s, the indonesian government an nounced the creation of a 'national car' called the Timor. The car was to be pruduced by a company under the control of Tonumy suharto, the president's son, whose only experience in the automoble industy was as a rece-car diver. Nehough the car was actually manufactured in South Worea it was evempt from duties and luasiry taxes paid by other impoeted automobiles. Tooming crtering the murder of a hudges ie in mary countriec, it is illegul to operate a privase mal service in compebtion with the govennewt post office. (5 Mary govenmerits inpose a minimain wago. roadian teconstruction. 00 Mary goverments pay some or all of the costs Ct eolege edxatian for their citinem
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