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    Economics Principles and Policy Study Set 1
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    Exam 17: Taxation and Resource Allocation
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    Loopholes Have the Effect of
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Loopholes Have the Effect of

Question 209

Question 209

Multiple Choice

Loopholes have the effect of


A) encouraging particular patterns of behavior and favoring particular types of people.
B) eroding the progressivity of the income tax.
C) altering the pattern of economic incentives.
D) All of the above are correct.

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