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AP Microeconomics›Unit 6: Market Failure and the Role of Government›Market Failure and the Role of Government

Public Goods and Income Inequality

Nonrival, nonexcludable goods suffer from free riders, and taxes redistribute income.

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Unit 6: Market Failure and the Role of Government

Externalities
Public Goods and Income Inequality

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Also called: public goods, free rider, lorenz curve, gini