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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 Principle That Private Negotiation Can Resolve Potential Externalities Without
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The Principle That Private Negotiation Can Resolve Potential Externalities Without

Question 27

Question 27

True/False

The principle that private negotiation can resolve potential externalities without resort to government intervention is known as the Coase Theorem.

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