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    Principles of Microeconomics Study Set 10
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    Exam 12: The Design of the Tax System
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    A Tax Imposed at Every Stage of Production Is a
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A Tax Imposed at Every Stage of Production Is a

Question 479

Question 479

Multiple Choice

A tax imposed at every stage of production is a


A) value-added tax.
B) lump sum tax.
C) corrective tax.
D) regressive tax.

Correct Answer:

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