A rationale for government involvement in a market economy is a. markets sometimes fail to produce a fair distribution of economic well-being. b. markets sometimes fail to produce an efficient allocation of resources. c. property rights have to be enforced. d. All of the above are correct.

Respuesta :

Answer:

d. All of the above are correct.

Explanation:

One way of government involvement in a market economy is through Central planning; this way, the government guides economic activity. This can occur to correct a "market failure" which by definition , is inability of a market to allocate resources efficiently. Other reasons for government involvement are ; to improve economic  performance and to achieve a more equitable distribution of income and wealth.