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    Microeconomics Study Set 25
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    Exam 7: Taxes
  5. Question
    A Tax System _____ When It Minimizes the Direct and Indirect
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A Tax System _____ When It Minimizes the Direct and Indirect

Question 274

Question 274

Multiple Choice

A tax system _____ when it minimizes the direct and indirect costs to the economy of tax collection.


A) is efficient
B) is equitable
C) has no deadweight loss
D) is in equilibrium

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