Question

Sometimes the government varies its spending, depending on the needs of the country. This statement best...

Sometimes the government varies its spending, depending on the needs of the country. This statement best represents economic concept that:

overall spending sometimes gets out of line with the economy's productive capacity.
government policies can change spending.
resources should be used as efficiently as possible to achieve society's goals.
when markets don't achieve efficiency, government intervention can improve society's welfare.

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