Describe the limits and downsides of government action.

Identify whether each of the following inputs is a fixed cost or a variable cost.
December 25, 2020
What effect do you think a tax on messages would have on the amount of spam sent on the Internet?
December 25, 2020

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.