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Figure 18-1 -The Economic Burden of an Excise Tax

Question 151

Multiple Choice

Figure 18-1 Figure 18-1 -The economic burden of an excise tax A) can usually be partially shifted from buyers onto sellers. B) equals the revenue from the tax. C) is less than the burden of an income tax that would raise the same revenue. D) is shared equally by buyers and sellers.
-The economic burden of an excise tax


A) can usually be partially shifted from buyers onto sellers.
B) equals the revenue from the tax.
C) is less than the burden of an income tax that would raise the same revenue.
D) is shared equally by buyers and sellers.

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