Multiple Choice
When people alter behavior in response to taxes, which of the following is not true?
A) Excess burden is created.
B) Inefficiency occurs.
C) Tax shifting might occur.
D) The excise tax rate can increase.
Correct Answer:
Verified
Correct Answer:
Verified
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Q99: Figure 18-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Figure 18-2