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When a Tax on a Good Is Enacted,who Bears the Burden

Question 156

Multiple Choice

When a tax on a good is enacted,who bears the burden of the tax


A) Buyers and sellers share the burden of the tax regardless of whom it is levied on.
B) Buyers always bear the full burden of the tax.
C) Sellers always bear the full burden of the tax.
D) The full burden of the tax falls on whoever the tax is levied on.

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