An example of traditional public-goods legislation is
a. price supports for dairy products
b. a system of justice
c. a tattoo removal program in San Luis Obispo, California
d. tort-reform
e. a labor union issue
B
Economics
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Income and wealth were equally or evenly distributed by 1860 in the United States
Indicate whether the statement is true or false
Economics
The above figure shows the market for steel ingots. What is the change in externality cost if the market switches from competitive equilibrium to social optimum?
A) a + b B) b + c C) c D) a + b + c
Economics