In economics, the concept of government failure refers to
A) tendencies within the government that work against efficient and equitable public policy.
B) the conservative agenda.
C) pro-business legislative agendas.
D) a stagnation in Congress.

Question

Quizplus · Accepted Answer

Government failure refers to the actions or inactions of government that lead to inefficient or inequitable outcomes. This can happen due to a variety of reasons such as bureaucratic inefficiencies, lack of political will, corruption, or unintended consequences of policies. It is not related to any particular political ideology or legislative agenda.

In Economics, the Concept of Government Failure Refers to