If the Government Is Most Interested in Minimizing Excess Burden

question 240

Essay

If the government is most interested in minimizing excess burden of an excise tax, should it impose the tax on goods whose demand curves are elastic or inelastic?

---

Definitions:

Suicidal Thoughts

Thoughts about considering, planning, or attempting suicide, reflecting a critical mental health condition that necessitates immediate intervention.

Constant Pain

Persistent pain that continues for long periods, often without clear cause or relief.

Central Nervous

Referring to the central nervous system, which includes the brain and spinal cord, responsible for processing and sending out signals.

Pain Impulses

Signals transmitted through the nervous system that indicate discomfort or distress.