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To Resolve the Problem of the Negative Effect of Conspicuous

Question 82

Multiple Choice

To resolve the problem of the negative effect of conspicuous consumption goods on society's welfare, an economist most likely would make the suggestion that:


A) conspicuous consumption goods should be taxed.
B) conspicuous consumption goods should be subsidized.
C) conspicuous consumption goods should be eliminated.
D) nothing should be done because laissez faire is the best policy.

Correct Answer:

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