If the Tax on a Good Is Tripled,the Deadweight Loss

question 49

Multiple Choice

If the tax on a good is tripled,the deadweight loss of the tax

• A)remains constant.
• B)triples.
• C)increases by a factor of 9.
• D)increases by a factor of 12.

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Definitions:

Cohabitation

The act of living together and having a sexual relationship without being married.

Civil Union

A legally recognized arrangement similar to marriage, often designed for same-sex couples, granting them similar rights, protections, and responsibilities.

Alternative Marriage

Refers to forms of marriage that differ from societal norms, including non-monogamous, communal, and same-sex unions.

Friedrich Engels

A 19th-century German philosopher, social scientist, and collaborator with Karl Marx in the development of Marxist theory.