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The Creation of New Property Forms (Such as Privatizing a Public

Question 48

Multiple Choice

The creation of new property forms (such as privatizing a public beach) is one answer to __________ because it would reduce _________ .


A) government failure; market failure
B) market failure; government failure
C) the creation of third parties; public choice
D) dealing with externalities; the number of third parties
E) the inefficiencies of the market; special interests

Correct Answer:

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