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Homework answers / question archive / Explain why it is necessary to for the government to have each of the following (in terms of market failures)
Explain why it is necessary to for the government to have each of the following (in terms of market failures). (2 points)
A. Seat belt requirements for cars
B. Requirement for emission checks on cars
C. Unemployment compensation
D. National defense
E. Truth-in-lending laws
F. Government ban on the use of illicit drugs
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