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Question 1Is the income distribution in the United States fair? Why or why not?Question 2Provide a real-world example of a product (a good or service) that has either an external cost or external benefit associated with it and propose a government policy to adjust for the over- or underproduction of this product.Question 3Do a google search on the concept of a flat tax. Explain how this tax scheme works and does it meet the criteria of tax efficiency and tax fairness/equity?
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