An Efficient Tax Is One That Raises the Desired Tax

question 92

Multiple Choice

An efficient tax is one that raises the desired tax revenue but creates the least possible

• A)total burden.
• B)excess burden.
• C)tax incidence.
• D)tax shifting.

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Definitions:

Sample Statistic

A numerical measure that describes an aspect of a sample taken from a population, such as the mean or variance.

Friedman Test

A statistical test that doesn't rely on parameter assumptions to identify variations in treatments over several trials.

Sign Test

A nonparametric test used to determine if there is a median difference between paired observations.

Population Location

A statistical term that refers to identifying the central position of a population distribution.