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The Private Sector Cost of Tax Revenues Is Equal to the

Question 205

Multiple Choice

The private sector cost of tax revenues is equal to the


A) tax revenue collected by government from individuals in the economy.
B) income that could have been earned by government employees if they had worked in the private sector.
C) difference between government expenditures and tax revenues.
D) tax revenue plus the cost of tax compliance and the excess burden of taxation.

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