One of the roles of a government is to limit the market power of monopolies or even to eliminate them entirely due to <u>market inefficiencies.</u>
<h3>What is market inefficiencies?</h3>
An inefficient market, which can happen for a number of reasons, is one where an asset's prices do not fairly reflect their true value, in accordance with economic theory.
Deadweight losses are often the result of inefficiencies. The majority of markets do, in fact, exhibit some degree of inefficiency, and in the worst situation an inefficient market might serve as an illustration of a market failure.
According to the efficient market hypothesis (EMH), in a market that functions effectively, asset prices always reflect the true worth of the asset. For instance, a stock's current market price ought to accurately reflect all information that is now publicly available about it.
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The Congress creates and oversees the powers and actions of independent regulatory agencies and helps the government run smoother. Therefore the answer is choice A.
The answer is D. Flex Card. A debit card is for normal payments, (grocery, etc.) an ebt card is similar to a debit card, and an insurance card is use to prove to hospitals that you have insurance, they arent used for payments.
Answer:
b. Personal Consumption Expenditure
Explanation:
<u>The Personal Consumption Expenditure is a way to measure how much money an American person spends in goods and services at a national level.</u>
It divides in two categories, Goods and Services.
Goods: it divides in two sub-categories, these are durable goods which are long-lasting items, such as cars and washing machines and non-durable goods which are items that households use quickly, like groceries and clothing.
Services: These are the functions that businesses provide, so the households don't have to do it, for example, dry cleaners, yard maintenance, and financial services.
