Suppose a poor person steals $10,000 from a middle income person.Economic analysis tells us that
A) There is an economic loss for the society as a whole
B) There is an economic gain for the society as a whole
C) A public good will usually be purchased with the money
D) We cannot be sure whether there is economic gain or loss for the society as a whole
E) The benefit to the poor person exceeds the cost to the middle income person
Correct Answer:
Verified
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