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    Macroeconomics Study Set 68
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    Exam 4: Market Failures Caused by Externalities Asymmetric Information
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    If the Lumber Companies Are Required to Internalize the Negative
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If the Lumber Companies Are Required to Internalize the Negative

Question 117

Question 117

True/False

If the lumber companies are required to internalize the negative externalities of deforestation, then
we should expect the equilibrium price of wooden furniture to decrease.

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