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Author Question: When measured as a share of the total federal budget, entitlement spending has doubled over the last ... (Read 136 times)

madam-professor

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When measured as a share of the total federal budget, entitlement spending has doubled over the last 50 years.
 
  Indicate whether the statement is true or false

Question 2

The tragedy of the commons refers to a phenomenon where
 
  A) people do not internalize an externality.
  B) people have distinct property rights to a resource.
  C) people overuse a common resource.
  D) individuals are not allowed to use a common resource.



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briseldagonzales

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Answer to Question 1

TRUE

Answer to Question 2

C




madam-professor

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


amynguyen1221

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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