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    Exam 7: Consumers, producers, and the Efficiency of Markets
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    What Is Welfare Economics
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What Is Welfare Economics

Question 107

Question 107

Multiple Choice

What is welfare economics


A) the study of the well-being of less fortunate people
B) the study of welfare programs in Canada
C) the study of the effect of income redistribution on work effort
D) the study of how the allocation of resources affects economic well-being

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