An Optimal Tax Is One That Minimizes the

question 63

Multiple Choice

An optimal tax is one that minimizes the

• A)external benefit.
• B)total deadweight loss from the tax.
• C)income taxes.
• D)horizontal equity.

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Definitions:

Services at a Discount

Offering services or goods at a price lower than the usual or marked price, often to attract customers or provide accessibility.

Health Maintenance

The practice of adopting lifestyle behaviors and healthcare strategies aimed at preventing diseases and preserving health.

Obsessive-Compulsive Disorder

A mental health disorder characterized by uncontrollable, reoccurring thoughts (obsessions) and behaviors (compulsions).

Schizophrenia

An emotional and cognitive impairment marked by deviation in thoughts, perception of reality, emotional expression, and social conduct.