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True or False
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1
Pollution is a by product of over-production of a good with a negative externality
A)True
B)False
2
Smoking in a dorm room is an example of a violation of a public good.
A)True
B)False
3
A public good is financed by taxation.
A)True
B)False
4
Income inequality in the United States is a market failure.
A)True
B)False
5
The federal income tax is not a progressive tax.
A)True
B)False





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