Question
ompare and contrast the role of the government in t he marketplace. In your response use arguments which support a greater role of the government
ompare and contrast the role
of the government in t
he marketplace. In your response use arguments which support a greater
role of the government (long
-
term social benefits and higher regulatory costs) and contrast with
why this role should be minimized (short
-
term regulatory costs and higher social costs
). Is there
a healthy balance that can blend the two by the use of positive and negative incentives to
maintain competitiveness in a sustained healthy environment? Are there potential alternatives
which can achieve the dual objectives? Explain
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