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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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    The External Costs of Severe Air Pollution Are Usually Paid
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The External Costs of Severe Air Pollution Are Usually Paid

Question 1

Question 1

Multiple Choice

The external costs of severe air pollution are usually paid:


A) by no one.
B) by the producer alone.
C) in part by the public through higher medical bills.
D) totally by the consumers who purchase the product.

Correct Answer:

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