Examlex
Multiply the following.
Excise Tax
A tax on the manufacture, sale, or consumption of certain goods and services within a country.
Tax Burden
The measure of the total amount of taxes paid by individuals or businesses, often expressed as a percentage of income or GDP.
Equilibrium
A state where market supply and demand balance each other, and as a result, prices become stable.
Excise Tax
A tax charged on specific goods and services, such as tobacco, alcohol, and gasoline, usually intended to discourage their use or generate revenue.
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