Examlex
Which statement about personality and behavior is true?
Excess Burden
Excess burden is the economic loss society incurs as a result of tax inefficiencies, beyond the tax itself, often due to distorted economic behaviors.
Economic Decisions
Choices made by individuals, households, or governments regarding allocation of resources and distribution of goods and services.
Excess Burden
The cost to society created by market inefficiency, which can occur through such things as government intervention in the market or taxes that distort market outcomes.
Tax Revenue
The money collected by a government from its citizens and businesses through various forms of taxation.
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