Describe the limits and downsides of government action.

1.       Discuss the changes in the economic role of the government over time, including the New Deal and deregulation.

2.       Explain the benefits of government action.

3.       Describe the limits and downsides of government action.

4.       List and illustrate circumstances in which government intervention in the economy may be useful.

5.       Discuss the changes in the economic role of the government over time, including the New Deal and deregulation.

6.       Explain the benefits of government action.

Solution:

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