Based on your understanding of the “5 Ps” of policy design, write a short paragraph for each making sure to include the definition of each (prescriptive regulations, payments, penalties, property rights, and persuasion).

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Based on your understanding of the “5 Ps” of policy design, write a short paragraph for each making sure to include the definition of each (prescriptive regulations, payments, penalties, property rights, and persuasion). Conclude your submission with a paragraph of whether or not they have been beneficial to the United States and how. Each different paragraph must be numbered.

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