Which of the Following Statements Is False

question 76

Multiple Choice

Which of the following statements is false?

• A) In the case of a negative externality,the market equilibrium is inefficient.
• B) In the case of a negative externality,when a tax is set equal to the marginal external costs (MEC)efficiency can be achieved.
• C) In the case of a negative externality,when a tax is set that is greater than the marginal external costs (MEC)inefficiency will result.
• D) In the case of a positive externality,when a tax is set equal to the marginal external benefits (MEB)efficiency can be achieved.

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Definitions:

Convicted Less

The phenomenon where certain individuals or groups are found guilty of crimes at lower rates than others, possibly due to biases.

Blacks

A term referring to individuals of African descent, often used within sociocultural and racial contexts.

Whites

Referring to people who identify as having origins in any of the original peoples of Europe, the Middle East, or North Africa.

White Dominance

A socio-political system that privileges white people over those of other racial backgrounds, often perpetuated through institutional practices.