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In general, what are some of the tactics the government uses to correct market failures? List 3 and provide a brief explanation of the opportunity

  1. In general, what are some of the tactics the government uses to correct market failures? List 3 and provide a brief explanation of the opportunity costs involved in correcting these failures.
  2. Briefly discuss the key difference(s) between Keynesian Economics and Neoclassical Economics.

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