(Consider This) in "Slicing the Pizza," the Shrinkage of the Pizza

question 263

Multiple Choice

(Consider This) In "Slicing the Pizza," the shrinkage of the pizza refers to the

• A) fact that poor people are not helped by the income-maintenance system.
• B) efficiency losses-the losses of output and income associated with the tax-transfer system.
• C) tendency of rich people in developing nations to hoard their wealth overseas.
• D) failure of the Internal Revenue Service to collect all the tax revenues owed by taxpayers.