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lurielbank lurielbank
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5 years ago

Question 1.

Taxes levied on sharply defined bases tend to distort choice ________ and impose ________ excess burden than taxes on more broadly defined bases.



▸ less; larger

▸ less; smaller

▸ more; larger

▸ more; smaller

Question 2.

The total burden of a tax is $12,000 and the tax revenue from this tax is $8,000. The excess burden of this tax is



▸ $4,000.

▸ $8,000.

▸ $10,000.

▸ $20,000.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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yesimshayyesimshay
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5 years ago
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lurielbank Author
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5 years ago
Helped a lot
Helpmeplease11
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Just got PERFECT on my quiz
aricketts6@
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2 hours ago
Correct Slight Smile TY
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