Answer to Question #9129 in Macroeconomics for mike
& One method for administrative efficiency is a regulation of rates of return and costs. This method allows controlling all returns and costs and maintains it on the minimum required level. Rigid regulation may lead to high level of regulating of economy and to high level of government intervention in the economy and all kind of market.& Hard regulation allows achieving good results and balanced budget but only in short-run period. In long-run period a lot of disproportion and weaknesses of this system will appear.
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