In Order for a Pigouvian Subsidy to Be Efficient, the Amount

question 11

True/False

In order for a Pigouvian subsidy to be efficient, the amount it costs the government to implement the subsidy must be less than the economic value of the additional externality benefits created by the subsidy.

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Definitions:

Ending Slavery

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Individuals from the northern United States, particularly during the 19th and early 20th centuries, who amassed wealth through industry and were instrumental in shaping the economy.

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