Because people respond to incentives, a. policymakers can alter outcomes by changing punishments or rewards. b. policies

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Because people respond to incentives,

a. policymakers can alter outcomes by changing punishments or rewards.

b. policies can have unintended consequences.

c. society faces a trade-off between efficiency and equality.

d. All of the above.

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Principles Of Microeconomics

ISBN: 9780357133484

9th Edition

Authors: N Gregory Mankiw

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Question Posted: Jan 27, 2024 11:01 PM

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Because people respond to incentives, a. policymakers can alter outcomes by changing punishments or rewards. b. policies

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Principles Of Microeconomics

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