An Optimal Tax Is One That Minimizes the

question 63

Multiple Choice

An optimal tax is one that minimizes the

• A)external benefit.
• B)total deadweight loss from the tax.
• C)income taxes.
• D)horizontal equity.

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Definitions:

Panic Attack

A sudden onset of intense fear or discomfort, characterized by symptoms such as palpitations, shaking, and feelings of detachment or imminent danger.

Irregular Heartbeat

Also known as arrhythmia, it refers to any of a group of conditions in which the electrical activity of the heart is irregular, either too fast or too slow.

Breathlessness

A state or feeling of being unable to breathe easily, often a symptom of physical exertion or a medical condition.

Specific Phobia

An intense, irrational fear of particular objects, situations, or activities that leads to avoidant behavior.