The Senate, the legislature of the fictional country of Romange, is considering legislation that will generate benefits of $20 million and costs of $26 million. For perspective, Romange's population is 40 million.
Passing the legislation is (EFFICENT/INEFFICENT), and if everyone in Romange shared equally in both its benefits and its costs, the Senate will vote (FOR/AGAINST) the legislation.
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The Senate, the legislature of the fictional country of Romange, is considering legislation that wil...
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