What are real-world examples of government intervention


  • What effect do government intervention (taxation and regulations)have on economic behavior? Explain.
  • If demand for a product is very elastic does the business or the customer bear the "burden" of a tax? 
  • If demand for a product is very inelastic does the business or the customer bear the "burden" of a tax? 
  • What are real-world examples of government intervention taxation and regulations? What are the goals of each?

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Macroeconomics: What are real-world examples of government intervention
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