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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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    In a Well-Functioning Cap-And-Trade System for Pollution Rights, Society Benefits
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In a Well-Functioning Cap-And-Trade System for Pollution Rights, Society Benefits

Question 116

Question 116

True/False

In a well-functioning cap-and-trade system for pollution rights, society benefits because pollution
will be brought down to insignificant levels.

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