True or false: A tax on an activity that generates negative externalities will improve resource allocation in

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True or false: A tax on an activity that generates negative externalities will improve resource allocation in the private sector and also generate revenue that could be used to pay for useful public goods. Explain.

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Principles of Economics

ISBN: 978-0073511405

5th edition

Authors: Robert Frank, Ben Bernanke

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Question Posted: Dec 12, 2015 04:33 AM

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True or false: A tax on an activity that generates negative externalities will improve resource allocation in

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Principles of Economics

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