If a Tax Did Not Induce Buyers or Sellers to Change

question 185

True/False

If a tax did not induce buyers or sellers to change their behavior, it would not cause a deadweight loss.

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Definitions:

Supportive Style

A leadership approach that focuses on building trust, encouragement, and empathy to support team members' needs and well-being.

Lack Motivation

A state or condition in which there is a deficiency of desire or interest to take action or pursue goals.

Some Ability

A nonspecific level of competence or skill in a certain area, indicating that an individual has a certain level of capability but it is not quantified.

Low In Competence

Describes an individual or entity that lacks the necessary skills, knowledge, or ability to perform effectively.