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    Principles of Economics Study Set 8
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    Exam 8: Applications: The Costs of Taxation
  5. Question
    Taxes Drive a Wedge into the Market by Raising the Price
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Taxes Drive a Wedge into the Market by Raising the Price

Question 19

Question 19

True/False

Taxes drive a wedge into the market by raising the price that sellers receive and lowering the price that buyers pay.

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