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    Principles of Economics Study Set 7
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    Exam 8: Applications: the Costs of Taxation
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    Which of the Following Tools Help Us Evaluate How Taxes
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Which of the Following Tools Help Us Evaluate How Taxes

Question 289

Question 289

Multiple Choice

Which of the following tools help us evaluate how taxes affect economic well-being?
(i) consumer surplus
(ii) producer surplus
(iii) tax revenue
(iv) deadweight loss


A) (i) and (ii) only
B) (i) , (ii) , and (iii) only
C) (iii) and (iv) only
D) (i) , (ii) , (iii) , and (iv)

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