It Does Not Matter Whether a Tax Is Levied on the Buyers

question 14

Multiple Choice

It does not matter whether a tax is levied on the buyers or the sellers of a good because

• A)sellers always bear the full burden of the tax.
• B)buyers always bear the full burden of the tax.
• C)buyers and sellers will share the burden of the tax.
• D)None of the above is correct;the incidence of the tax does depend on whether the buyers or the sellers are required to pay the tax.

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