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Governments often provide goods or services that have spillover benefits (also called positive externalities). Explain what the term spillover benefits means. Why is it argued
Governments often provide goods or services that have spillover benefits (also called positive externalities). Explain what the term "spillover benefits" means. Why is it argued that markets by themselves will not provide a sufficient quantity of goods with spillover benefits? Give two examples of goods with spillover benefits that are often provided by state and local governments
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