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    Principles of Microeconomics Study Set 3
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    Exam 5: Market Outcomes and Tax Incidence
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    Explain the Difference Between the Burden of a Tax and Who
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Explain the Difference Between the Burden of a Tax and Who

Question 164

Question 164

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Explain the difference between the burden of a tax and who pays the tax out of pocket.

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Paying a tax out of pocket is a monetary...

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