Question

governments intervene in the economy to correct market failures.
true
false
question 3
1 pts
when the government provides free and reduced school lunches, it is trying to reduce a market failure due to select

Explanation:

1. For the first question: A core role of government in economics is intervening to address situations where free markets do not allocate resources efficiently, which are defined as market failures.
2. For Question 3: Free and reduced school lunches target the market failure of income inequality (or more specifically, the resulting inability of low-income households to access adequate food, a form of inequity that arises from market outcomes leaving some groups without sufficient resources for basic needs).

Answer:

1. True
2. Income inequality (or inequity in resource access)