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Dymondmonae Dymondmonae
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5 years ago
The term tax incidence refers to

• the degree of progression of a tax.

• the actual division of the burden of a tax between buyers and sellers in a market.

• the amount of revenue government collects from a tax imposed on a good or service.

• whether the burden of a tax rests more heavily on those with higher incomes or those with lower incomes.
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Microeconomics

Microeconomics


Edition: 7th
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blazeypoohblazeypooh
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Dymondmonae Author
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5 years ago
You make an excellent tutor!
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