A government policy to correct a market imperfection is not justified economically if the cost of implementing it exceeds its expected benefits.
Standard detail
1.
Benchmark
Depth 1Parent ID: 7EEFB0E7A5BD4C10AB0DD54F2D5F13F3Standard set: Grades 9, 10, 11, 12
Original statement
Quick facts
- Statement code
- 1.
- List ID
- 1.
- Standard ID
- F865E6F8D63249EC91DDCF8E9742A36D
- ASN identifier
- S2604849
- Subject
- Economics
- Grades
- 09, 10, 11, 12
- Ancestor IDs
- 7EEFB0E7A5BD4C10AB0DD54F2D5F13F3
- Source document
- Voluntary National Content Standards in Economics (2010)
- License
- CC BY 3.0 US