1. explain four main roles of the government in solving the insufficiency of the market
2. What is the difference between a private good and a public good?
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The economy of a nation is used to work upon the basis of the activities which are done by various entities in the economy. The entities conduct various expenditures which helps in the consumption, and production activities of the nation.
There are decision makers, and policy makers in the economy, which makes various policies in order to bring stability in the economy, both in economic and financial terms. These policy makers make different policies such as fiscal, and monetary.
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