Which of the Following Is Not Considered a Rationale for the Intervention

question 8

Multiple Choice

Which of the following is not considered a rationale for the intervention of government in the market process in the United States?

• A)the redistribution of income
• B)the reallocation of resources
• C)the long-run planning of scarce resources
• D)the short-run stabilization of prices
• E)All of the above

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Definitions:

Pancreatitis

An inflammation of the pancreas, often caused by gallstones or excessive alcohol consumption, leading to abdominal pain.

Appendicitis

Inflammation of the appendix, a small pouch attached to the large intestine, which can become a medical emergency if not treated.

Type 2 Diabetes

A chronic condition characterized by insulin resistance or deficiency, leading to elevated glucose levels in the blood.

Retina

The light-sensitive layer at the back of the eye that captures images and sends them to the brain through the optic nerve.