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    Principles of Economics Study Set 8
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    Exam 6: Supply, Demand, and Government Policies
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    Most of the Burden of a Luxury Tax Falls on the Middle
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Most of the Burden of a Luxury Tax Falls on the Middle

Question 265

Question 265

True/False

Most of the burden of a luxury tax falls on the middle class workers who produce luxury goods rather than on the rich who buy them.

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