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Deadweight Losses
Losses in social welfare, usually measured in terms of lost revenue or surplus, resulting from inefficiencies in a market or the economy.
Taxes
Necessary financial levies or assorted kinds of dues imposed on an individual by a governmental structure to facilitate government finance and numerous public investments.
Deadweight Loss
A decrease in economic productivity that happens when a good or service does not reach or cannot reach its equilibrium state.
Tax
Mandatory charges imposed by governments on individuals or entities to fund public services and goods.
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