Principles of Macroeconomics (12th Edition)
Principles of Macroeconomics (12th Edition)
12th Edition
ISBN: 9780134078809
Author: Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher: PEARSON
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Chapter 1, Problem 3.3P

Subpart (a)

To determine

Efficiency argument.

Subpart (b)

To determine

Non monitory cost arises due to legalizing marijuana use.

Subpart (c)

To determine

Equity argument of legalizing marijuana.

Subpart (d)

To determine

Flow of revenue from legalization of marijuana.

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