MCQOPTIONS
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| 1. |
Because of the income effect on Demand for environmental quality , we would expect |
| A. | Environmental regulations to be more lax in poorer countries. |
| B. | Environmental regulations to be more lax in richer countries. |
| C. | More stricter regulations in both rich and poor countries. |
| D. | More lax environmental regulations in both rich and poorer countries. |
| Answer» B. Environmental regulations to be more lax in richer countries. | |