Increase the overall effectiveness of the market system
How the government can increase the overall effectiveness of the market system?
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Although the market system promotes efficiency, it has certain shortcomings over production of goods with social costs, under production of goods with social benefits, tendency for business to increase monopoly power, macro instability.
surpluses drives price down,shortages drive up
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Elucidate state expenditures and receipts for all states in 1998?
What is the most important source of revenue and the major type of expenditure at the local level?
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