A Tax Is Efficient If It Imposes a Large Excess

question 116

True/False

A tax is efficient if it imposes a large excess burden relative to the tax revenue it raises.

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Definitions:

Backchanneling

The practice of providing active listening feedback, such as nodding or using verbal acknowledgments, to indicate understanding or agreement.

Podcast Channel

A digital platform where audio or video episodes are regularly published and distributed, typically focusing on a particular subject.

Audio Podcast

A digital audio program available for streaming or download, often as part of a series.

Hands Free

Technology or devices that can be operated without the use of hands, often through voice commands or automation.