The government responds to market failures and ensure economic stability by limiting the effects of market failures such as a market conditions.

a) oligopoly / monopolies

b) imperfect business competition / lack of consumer knowledge

c) increased standard of living / reversal

d) redistribution of income / collapse

The correct answer is letter "D": redistribution of income / collapse.

Explanation:

Market Failure happens when the quantity of a product demanded by consumers does not equate to the quantity supplied by suppliers. This prevents equilibrium in the market. Several factors can contribute to a market failure such as negative and positive externalities, monopolies, impairment or immobility of production inputs, and market information breakdown.

Minimum wage loss is often sided as an example of impairment or immobility of production inputs that cost market failure. Often the minimum wage is set higher than the equilibrium price for a particular job. Those critical or minimal wage losses argue that this causes employers to hire fewer employees. Then, the government has to intervene in setting regulations on how to redistribute income.

anjan should should report alteast 5000 on the first apyment and 10,000 each year

explanation:

credit history is used by lenders to determine whether you are a 'risky' person to give their money to.

having a short history provide very little data for the lenders. they wouldn't be able to determine your credit behavior from such a small samples. even if they are perfect.

having long credit history with few blemishes provide larger and more accurate data for the lenders to predict your credit behavior.