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Reported Question / Answer
Q.) Because of the income effect on Demand for environmental quality , we would expect
1)
Environmental regulations to be more lax in poorer countries.
2)
Environmental regulations to be more lax in richer countries.
3)
More stricter regulations in both rich and poor countries.
4)
More lax environmental regulations in both rich and poorer countries.
5)
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Answer :
1
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