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Answer True, False, or Uncertain. Justify your answer with no more than 5 sentences (points will be deducted for irrelevant materials).

1. The Coase Theorem implies that private solutions to environmental problems are always superior to public solutions.

2. The theory of Bootleggers and Baptists explains why inefficient environmental regulations are adopted.

3. Uber is not an example of the sharing economy, and hence it cannot help solving any environmental problems.

4. As a global public good, climate change cannot be solved using the property rights approach.

Macroeconomics, Economics

  • Category:- Macroeconomics
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