Which of the Following Would Likely Have the Smallest Deadweight

question 52

Multiple Choice

Which of the following would likely have the smallest deadweight loss relative to the tax revenue?

• A)a head tax (that is,a tax everyone must pay regardless of what one does or buys)
• B)an income tax
• C)a tax on compact discs
• D)a tax on caviar

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Definitions:

Hormones

Chemical messengers produced by the endocrine glands that regulate various bodily functions and processes.

Pink Collar Jobs

Employment sectors traditionally dominated by women, such as nursing, teaching, and clerical work, characterized by lower pay and less prestige than male-dominated fields.

Patriarchal Society

A social system in which men hold primary power and predominate in roles of political leadership, moral authority, social privilege, and control of property.

Caretaking

The act of providing care for someone, including looking after their well-being, health, and the maintenance of their living environment.