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    Microeconomics
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    Exam 19: Distortionary Taxes and Subsidies
  5. Question
    The Statutory Incidence of a Tax Is the Same as the Economic
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The Statutory Incidence of a Tax Is the Same as the Economic

Question 31

Question 31

True/False

The statutory incidence of a tax is the same as the economic incidence of a tax whenever a tax is levied on a side of a market that is perfectly price-inelastic.

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