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A Pareto efficient policy __________. Question 13 options: means that if some parties are made worse off by the policy, then the winners must compensate
A Pareto efficient policy __________. Question 13 options: means that if some parties are made worse off by the policy, then the "winners" must compensate the "losers," which is possible as long as the policy results in net gains to society states that without those income transfers, the policy might pass a benefit-cost test, but it would not be Pareto efficient means that economic sustainability is Pareto efficiency across generations
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