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Loraine Loraine
wrote...
Posts: 4563
9 years ago
A sales tax creates a deadweight loss because
A) there is some paper work opportunity cost of sellers paying the sales tax.
B) demand and supply both decrease.
C) less is produced and consumed.
D) citizens value government goods less than private goods.
E) the government spends the tax revenue it collects.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 193 times
1 Reply
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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Posts: 3807
8 years ago
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Loraine Author
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9 years ago
Smart ... Thanks!
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This site is awesome
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