Why government will fix macroeconomic failure
Why government will fix macroeconomic failure
economics
A- Fiscal policies can work only if private enterprises respond to them in certain
way; if they respond in other ways, the policies fail. Explain
and give examples.
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B- Can the government make things worse by intervening in markets? Are there other
options outside the markets and government that will fix
macroeconomic failure?
C- “Big government is always harmful to owners of private enterprises, while small
government is always good for them.” Explain, using examples, why you either agree
or disagree with this quotation.