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    Macroeconomics Study Set 43
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    Exam 4: B: Market Failures: Public Goods and Externalities
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    If There Are Significant External Benefits Associated with the Production
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If There Are Significant External Benefits Associated with the Production

Question 79

Question 79

True/False

If there are significant external benefits associated with the production or consumption of a good or service, there will be an under-allocation of resources to its production unless some corrective action is taken.

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