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Loraine Loraine
wrote...
Posts: 4563
9 years ago
Tax incidence is the
A) burden buyers have to absorb from a tax on goods and services.
B) burden sellers have to absorb from a tax on goods and services.
C) lost revenue the government endures from goods and services that are not taxed.
D) division of the burden of a tax between the buyer and the seller.
E) deadweight loss created by a tax.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 321 times
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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9 years ago
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Smart ... Thanks!
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