Which of the following statements accurately describe the effects of government interventions on market efficiency? (Select all that apply)

Government interventions can impact market efficiency in various ways. When the government imposes regulations or price controls, such as minimum wage laws, it can lead to a situation where the supply and demand are not balanced, causing inefficiencies. For example, if a minimum wage is set too high, employers might hire fewer workers, leading to unemployment and wasted resources. On the other hand, some interventions, like providing public goods or correcting externalities, can improve market efficiency by ensuring everyone has access to essential services, like education or healthcare. Overall, while some government actions can disrupt market efficiency, others can help create a fairer and more effective market environment.