The Excess Burden of a Tax

question 98

Multiple Choice

The excess burden of a tax

• A)is the incidence of a tax.
• B)is the deadweight loss created by the tax.
• C)increases economic efficiency by eliminating distortions in the economy.
• D)is always progressive.
• E)is always regressive.

---

Definitions:

ANOVA Assumption

Underlying assumptions required for the validity of ANOVA, including independence, normality, and homogeneity of variance.

Coefficient of Determination

A statistic that indicates the proportion of the variance in the dependent variable that is predictable from the independent variable(s).

Battery Life

The duration for which a battery can operate before it needs recharging or replacement.

Service Time

The duration it takes to complete a specific task or service, often measured to evaluate efficiency or productivity in various sectors.