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    Exam 5: A Closed-Economy One-Period Macroeconomic Model
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    A Competitive Equilibrium May Fail to Be Pareto Optimal Due
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A Competitive Equilibrium May Fail to Be Pareto Optimal Due

Question 34

Question 34

Multiple Choice

A competitive equilibrium may fail to be Pareto optimal due to all of the following except


A) inequality.
B) externalities.
C) distorting taxes.
D) non-price-taking firms.

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