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Question 1: True/False Questions, Decide whether the following statements are True or False Explain your reasoning 1. In public goods market, we horizontally sum the demands of each individuals to get the social demand of the public good. 2. The environmental protection tax is a kind of corrective taxation. 3. A tax levied on consumers is fully shifted to producers when demand is perfectly elastic. 4. Discretionary spending includes spending on Social Security program. 5. Government provision of a public good will perfectly crowd out private contributions