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Loraine Loraine
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8 years ago
The deadweight loss of a tax
A) is the transfer of income from households to the government.
B) determines the incidence of a tax.
C) is part of the total burden of a tax.
D) is greater than the total burden of a tax.
E) equals the tax revenue collected by the government.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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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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8 years ago
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8 years ago
I was confident with my answer, glad it was correct.

Oh, and thumbs-up are more than welcome Slight Smile
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