What assump-tions are required to exclude government, Macroeconomics

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What assump-tions are required to exclude government

Problem

Perfect competition usually excludes government, but does not have to. What assump-tions are required to exclude government? Hint: reflect on the concepts of market failure, and the comparative productivity of private and state activities.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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