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An Efficient Tax System Is One That Imposes Small Deadweight

question 169

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An efficient tax system is one that imposes small deadweight losses and small administrative burdens.


Definitions:

Jet Lag

A temporary condition resulting from air travel across time zones, characterized by fatigue, insomnia, and other symptoms due to disruption of the body's internal clock.

Time Zones

A geographic region in which the same standard time is used.

Electromyograph

A diagnostic tool used to measure the electrical activity produced by skeletal muscles, indicating muscle activity and health.

Muscle Tension

A condition in which muscles remain semi-contracted for an extended period, often as a response to stress or anxiety.

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