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A.3. Cigarette taxes are, in part, correcting a negative externality. What is that negative externality? One interesting component of cigarettes is that the problems they
A.3. Cigarette taxes are, in part, correcting a negative externality. What is that negative externality? One interesting component of cigarettes is that the problems they create (e.g., lung cancer) are long term or far into the future. If we image the government has a longer-term view than most individuals, can you think of a more complicated negative externality that these taxes help to correct
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