Examlex
The number of years of healthy life expected,on average,in a given population is the disability-adjusted life years (DALYs).
Excise Tax
A tax levied on the sale of particular goods or services, such as alcohol and tobacco, usually with the intent of reducing their consumption through higher prices.
Excise Tax
A specific tax levied on the sale of a particular good or service, often included in the price of items such as tobacco or alcohol.
Tax Rate
The percentage at which income or property is taxed by a government.
Pretax Equilibrium
The market equilibrium that occurs before any taxes are applied to goods or services, reflecting the balance between supply and demand without tax-induced price distortions.
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