If a Tax Did Not Induce Buyers or Sellers to Change

question 185

True/False

If a tax did not induce buyers or sellers to change their behavior, it would not cause a deadweight loss.

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Definitions:

Controversial Disorder

A disorder that is subject to debate or dispute within the medical or psychological community, often due to unclear symptoms or overlapping diagnoses.

Distinct Personalities

The presence of two or more distinct and relatively enduring personality states within a single individual, often seen in dissociative identity disorder.

Bipolar Disorder

A mental health condition characterized by extreme mood swings, including emotional highs (mania or hypomania) and lows (depression).

Alcoholism

A severe form of alcohol abuse characterized by the inability to manage drinking habits and a high or compulsive dependence on alcohol.