If the Tax on a Good Is Doubled,the Deadweight Loss

question 47

Multiple Choice

If the tax on a good is doubled,the deadweight loss of the tax

• A)increases by 50 percent.
• B)doubles.
• C)triples.
• D)quadruples.

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Definitions:

Endometrial Tissue

The mucous membrane lining the interior of the uterus, which thickens during the menstrual cycle and sheds during menstruation if no pregnancy occurs.

Hepatitis

Inflammation of the liver, often caused by viral infections, that can lead to severe health complications and liver damage.

Jaundice

A medical condition characterized by yellowing of the skin and the whites of the eyes, resulting from excess bilirubin in the bloodstream, often indicative of liver problems.

Genital Warts

A sexually transmitted infection caused by the human papillomavirus (HPV).