Examlex
A small image that serves as a link to a larger instance of the same image is called a(n) ____.
Market Failures
Situations where the allocation of goods and services by a free market is not efficient, often leading to a net social welfare loss.
Government Intervention
Actions taken by a government to affect or interfere in an economy or market, usually in the interest of public welfare or economic stability.
Economic Systems
The organized way in which a country allocates resources and apportions goods and services in the national community.
Efficiency
The ability to achieve a desired output with the minimum amount of input, or to maximize output from a given amount of inputs.
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