The government can potentially improve market outcomes if market inequalities or market failure exists.
举一反三
- Online market is similar to the real market, which can be divided into three types: consumer market, market and government market.
- Market failure is the situation in which a market delivers an inefficient outcome.
- The two main causes of market failure are externalities and market power.
- Market failure in the form of externalities arises when the market fails to achieve equilibrium.
- According to the maturity time of the securities, financial markets can be divided into: A: Debt market and equity market B: Money and capital market C: Primary market and secondary market D: Spot market and forward market