Taxes Can Create Deadweight Losses Because They

question 67

Multiple Choice

Taxes can create deadweight losses because they

• A)allow the government to fund private goods.
• B)create administrative burdens as people comply with tax laws.
• C)allow the government to fund public goods.
• D)Both b and c are correct.

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Definitions:

Datasheet

A document summarizing the performance and other technical characteristics of a product, typically in a table format.

Font Color

The color applied to text to enhance readability or to convey specific meanings or emphasis.

Field Size

Refers to the maximum amount of data a particular field can hold in a database, often measured in characters or bytes.

Table Datasheet View

A display format in database management systems that shows data in rows and columns, similar to a spreadsheet.