[Solved] Taxation may improve the social welfare when the taxed good A)is socially undesirable (like, in some views, liquor and pornography). B)imposes negative externalities. C)is overproduced under a free-market system. D)All of the above are correct. Invested: The process of distributing funds with the aim of earning returns or profits. Payment Stream: A series of payments made over time, such as monthly mortgage or loan payments, or regular investment contributions. Equivalent: Items or quantities that are equal in value, function, or meaning. Equal Payments: Regular payments of the same amount over a specified period, typically used in installment plans or loans.