Government intervention in the market
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8.List five ways you are affected on a daily basis by government intervention in the market. For what reason might government be involved? Is that reason justified?
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1. The government imposes a tax on the extra units of water over 10 litres used daily by each individual in the county. This means that I will have to shorten the length of my daily showers.
2. The government imposes a daily restriction on the amount of gas one can use in one's automobile, in order to encourage the use of public transport like buses, trains, local trams ...
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