Solved

Which of the Following Taxes Would Likely Have the Smallest

Question 59

Multiple Choice

Which of the following taxes would likely have the smallest deadweight loss


A) a head tax (i.e., a tax everyone must pay regardless of what one does or buys)
B) an income tax
C) a tax on all terrain vehicles
D) a tax on caviar

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q54: Figure 8-3<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1272/.jpg" alt="Figure 8-3

Q55: Figure 8-5<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1272/.jpg" alt="Figure 8-5

Q56: What happens when people are given more

Q57: When a tax is levied on a

Q58: Assume that the demand for salt is

Q60: What effect does a tax on a

Q61: When a tax is levied on the

Q62: Figure 8-6<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1272/.jpg" alt="Figure 8-6

Q63: Figure 8-5<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1272/.jpg" alt="Figure 8-5

Q64: Figure 8-4<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1272/.jpg" alt="Figure 8-4