Sources of Market Failure Include

question 76

Multiple Choice

Sources of market failure include

• A) private goods.
• B) competitive behavior.
• C) externalities.
• D) unequal income distribution.

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Definitions:

Government Spending

Expenditure by the government on goods and services, including public services and infrastructure projects.

Multinational Companies

Corporations that operate and have assets in more than one country, engaging in global business activities.

Intermediate Product

Goods that are used as inputs in the production of other goods and services, not destined for the final consumer.

Gross Private Domestic Investment

The total amount of capital investment in domestic assets by the private sector, including expenditures on physical assets like machinery, buildings, and equipment.