Examlex
What is most important for the steering committee to have?
Deadweight Loss
A loss in economic efficiency that can occur when equilibrium for a good or a service is not achieved or is not achievable.
Imposition
The act of establishing or applying something by authority or force, often referring to taxes, duties, or policies.
Tax
A necessary tax or other charge placed on individuals by a government agency, with the purpose of generating revenue for government operations and miscellaneous public outlays.
Tax Revenue
The income that is collected by governments through taxation, which supports public spending and services.
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