Government failure occurs when intervention fails to improve, or even worsens economic outcomes. The U.S. government spends funds on social security benefits.
Government failure occurs when intervention fails to improve, or even worsens economic outcomes. The U.S. government spends funds on social security benefits (as addressed in your homework assignment for this module). Do you think that not just social security, but healthcare should be left to individuals as their own expenditures? Why or Why not?
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