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In Some Cases, the Payer of a Tax Can Shift

question 54

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In some cases, the payer of a tax can shift the economic incidence of the tax to a third party.


Definitions:

Centration

Focusing on one dimension of a situation while ignoring others.

Conservation

A principle in cognitive development referring to the understanding that quantity or mass remains the same regardless of changes in shape or arrangement.

Class Inclusion

A concept in cognitive development where a child understands that some objects or categories of objects can belong to or be a part of another category.

Relatives

Family members or individuals related by blood, marriage, or adoption, often sharing genetic ties and social bonds.

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