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).

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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