/hich of the following is not a legitimate area of intervention by government in a mixed economy? O A. regulation of the pricing behaviour of monopoly industries O B. Regulation of price increases that result from changes in patterns of demand and supply in competitiv stabilisation of the economy during periods of cyclical instability O D. Redistribution of purchasing power via progressive taxation and transfers

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Which of the following is not a legitimate area of intervention by government in a mixed economy?
O A.
regulation of the pricing behaviour of monopoly industries
Ов.
Regulation of price increases that result from changes in patterns of demand and supply in competitive markets
stabilisation of the economy during periods of cyclical instability
OD.
Redistribution of purchasing power via progressive taxation and transfers
Transcribed Image Text:Which of the following is not a legitimate area of intervention by government in a mixed economy? O A. regulation of the pricing behaviour of monopoly industries Ов. Regulation of price increases that result from changes in patterns of demand and supply in competitive markets stabilisation of the economy during periods of cyclical instability OD. Redistribution of purchasing power via progressive taxation and transfers
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