Examlex
What is the primary function of iodine in the body?
Administrative Burden
The administrative and regulatory obligations that organizations must follow, often involving substantial paperwork and compliance efforts.
Tax System
The structured method by which governments impose financial charges on citizens, businesses, and property to fund public expenditures.
Efficient Tax System
A tax system designed to collect government revenue with minimal economic distortion and without imposing excessive administration and compliance costs.
Deadweight Losses
Economic inefficiencies that occur when equilibrium in a market is not achieved, often due to government intervention like taxes or subsidies.
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