Which of the Following Would Be an Example of Government

question 152

Multiple Choice

Which of the following would be an example of government intervention to correct a market failure caused by buyers having inadequate information about sellers?

• A) Providing unemployment compensation insurance
• B) Sponsoring legislation to reduce pollution
• C) Licensing of medical doctors and surgeons
• D) Requiring all car drivers to buy auto insurance

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Definitions:

Sensory Item

An object or stimulus that engages one or more of the five senses, designed to have a soothing or stimulating effect.

Semantic Associations

Refers to the connections between words or phrases and their meanings, which aid in the process of understanding language.

Lexical Associations

The meaningful links between words and phrases based on the relationships in their meanings, usage, or semantic development.

Episodic Associations

Connections made between specific events or episodes, which can influence one's memory and learning based on the context of those events.