Economics (McConnell), AP* Edition, 20th EditionChapter 5:
Government's Role and Government Failure After studying this chapter, you should be able to: LO 5.1 | Describe how government's power to coerce can be economically beneficial and list some of the difficulties associated with managing and directing the government. | LO 5.2 | Discuss "government failure" and explain why it happens. | LO 5.3 | (Appendix) Explain the difficulties of conveying economic preferences through majority voting. |
| 
