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Economic Analysis Implies That One of the Most Effective Ways

Question 233

Multiple Choice

Economic analysis implies that one of the most effective ways to deal with potential damages from environmental pollution is to


A) declare the relevant resources to be public goods, owned by the public.
B) establish and enforce property rights for the resources that are being damaged, if possible.
C) allow the government to take over and control all natural resources.
D) enact legislation that makes all environmental pollution illegal.

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