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    Price Theory and Applications
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    Exam 9: Knowledge and Information
  5. Question
    The Fabian Argument That Confiscation of Rents Would Not Lower
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The Fabian Argument That Confiscation of Rents Would Not Lower

Question 36

Question 36

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The Fabian argument that confiscation of rents would not lower social welfare overlooks the costs of resource misallocation.

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