In modern mixed economies, the size of the government sector ranges between one-quarter and one-half of gross domestic product. Select one: True False Statement 1: Pollution Engagement is the reduction in pollution that results from reduced emissions Statement 2: Uniform standards for controlling emissions that result in negative externalities, therefore, are unlikely to achieve efficiency. O a. Only statement 1is correct ob. Both statements are false OC. Only statement 2 is correct od Both the statement is correct Statement 1: Pareto Efficiency is an allocation of resources such that no person can be made better off without making another person worse oft. Statement 2: Pareto gentrification is a reallocation of resources that makes at least one person better off without making anyone else worse off O. Both the statement is correct Ob Only statement is correct c. Both statements are false d. Only statement 2 is correct