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Attribution theory describes how people try to explain the behaviour of themselves and other people.
Corporate Income Taxes
Taxes imposed on the net income of corporations, calculated after deductions for costs, depreciation, and interest.
Elasticity
A general concept measuring the responsiveness of one variable to changes in another variable.
Efficiency Loss
The loss of economic efficiency that can occur when the equilibrium for a good or a service is not achieved or is not achievable.
Marginal Tax Rate
The tax rate paid on an additional dollar of income.
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