Under what social and economic conditions are markets, Macroeconomics

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Under what social and economic conditions are markets

Question: Under what social and economic conditions are markets likely to fail? When is there likely to be government failure? Is macroeconomic inefficiency (for example, a high level of unemployment and underemployment) due to market failure or government failure?

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Macroeconomics: Under what social and economic conditions are markets

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Macroeconomics: Under what social and economic conditions are markets

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