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Should the government play an active role in the economy to protect consumers? Explain in at least 5 sentences. |
Answer» <html><body><p><strong>Explanation:</strong></p><p><a href="https://interviewquestions.tuteehub.com/tag/without-3281350" style="font-weight:bold;" target="_blank" title="Click to know more about WITHOUT">WITHOUT</a> government intervention, <a href="https://interviewquestions.tuteehub.com/tag/firms-989820" style="font-weight:bold;" target="_blank" title="Click to know more about FIRMS">FIRMS</a> can exploit <a href="https://interviewquestions.tuteehub.com/tag/monopoly-1101092" style="font-weight:bold;" target="_blank" title="Click to know more about MONOPOLY">MONOPOLY</a> power to <a href="https://interviewquestions.tuteehub.com/tag/pay-25544" style="font-weight:bold;" target="_blank" title="Click to know more about PAY">PAY</a> low wages to workers and <a href="https://interviewquestions.tuteehub.com/tag/charge-914384" style="font-weight:bold;" target="_blank" title="Click to know more about CHARGE">CHARGE</a> high prices to consumers</p></body></html> | |