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    Principles of Economics Study Set 8
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    Exam 8: Applications: The Costs of Taxation
  5. Question
    When a Tax Is Imposed on a Good, the Resulting
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When a Tax Is Imposed on a Good, the Resulting

Question 47

Question 47

True/False

When a tax is imposed on a good, the resulting decrease in consumer surplus is always larger than the resulting decrease in producer surplus.

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