Write a 700- to 1,050-word summary of your analysis. Identifythe intervention and the market failure leading up to theintervention. Complete the following in your paper: Analyze thearguments for government intervention as opposed to arguments formarket-based solutions. Hint: See the information about marketfailures.
Examine who has been helped and who has been hurt by theselected government intervention.
Examine externalities and unintended consequences of suchintervention. For example, consider whether the SNAP program andhealth coverage for families with lower incomes result in higherfuture tax revenues because children from families with lowerincomes grow up healthier and produce higher incomes over theirlifetimes.
Analyze whether cost of the intervention you selected as a shareof GDP or the number of participants is increasing, decreasing, orvaries with the state of the economy, based on the cost trend(ornumber of participants) since its inception or since 2000.
Analyze credible economists’ opinions on the success or failureof the intervention that you chose in achieving its objectives.
Recommend whether the program should be continued as is,discontinued, or modified based on your conclusions. Defend yourrecommendation.
*write using the
Write a 700- to 1,050-word summary of your analysis. Identify the intervention and the market failure leading up to the
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