Asked by Kaleb Hunter on Apr 27, 2024

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​The majority of economists believe that the social benefit of mandating measles vaccines for all Americans (except those with compelling medical reasons) would exceed the social cost.

Social Benefit

The total advantage or positive impact on society from an action or policy, including both direct effects and externalities.

Social Cost

Represents the total cost of an action or decision, including both the private costs borne by individuals directly involved and external costs to society as a whole.

Measles Vaccines

Medical injections that provide immunity against the measles virus, preventing measles disease.

  • Assess the impact of external factors on market efficiency outcomes.
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Ygnaxio VergaraApr 28, 2024
Final Answer :
True
Explanation :
The majority of economists agree that the social benefits of mandating measles vaccines, such as preventing outbreaks, saving lives, and reducing healthcare costs, far outweigh the social costs associated with implementing such mandates. This consensus is based on the understanding that vaccines are a cost-effective public health measure.