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    Principles of Economics
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    Exam 8: Application: the Costs of Taxation
  5. Question
    The Appropriate Measure of the Benefit from a Tax Is
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The Appropriate Measure of the Benefit from a Tax Is

Question 69

Question 69

Multiple Choice

The appropriate measure of the benefit from a tax is the:


A) consumer surplus
B) benefit received by those people who gain from government's expenditure of the tax revenue
C) producer surplus
D) government's budget balance, which is increased with more taxes

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