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  3. Study Set
    Principles of Economics Study Set 8
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    Exam 8: Applications: The Costs of Taxation
  5. Question
    When a Good Is Taxed, the Tax Revenue Collected by the Government
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When a Good Is Taxed, the Tax Revenue Collected by the Government

Question 108

Question 108

True/False

When a good is taxed, the tax revenue collected by the government equals the decrease in the welfare of buyers and sellers caused by the tax.

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