Pigou Taxes Are Unnecessary in the Presence of Transaction Costs

question 45

True/False

Pigou taxes are unnecessary in the presence of transaction costs.

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Definitions:

Death Metal Band

A genre of heavy metal music characterized by intense, fast-paced rhythms and growling vocals, often with morbid and dark thematic content.

Rationalization

An attempt to logically justify one's behavior or feelings with plausible explanations, often to conceal the true reasons.

Repression

Keeping the unconscious from consciousness by pushing it away.

Moving Against

Gaining control in a competitive world through exploitativeness and aggressiveness.