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Portney's Research of the 1990 Clean Air Act Amendments (CAAA)

Question 13

Multiple Choice

Portney's research of the 1990 Clean Air Act Amendments (CAAA) finds that MSC exceeds MSB. Based on this finding, one can conclude that


A) the CAAA are allocatively efficient
B) TSC exceed TSB
C) these amendments are inefficient but cost-effective
D) the CAAA over-regulate society

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