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When Natural Resources Are Not Traded, or Where Markets Are

Question 141

Multiple Choice

When natural resources are not traded, or where markets are not allowed to function as well as they can under a system of well-defined property rights, the problems of ____ and ____ are common. (Fill in the blanks)


A) higher taxes; increased regulation
B) waste; scarcity
C) inflation; unemployment
D) slow growth; fluctuating currency values

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