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    Microeconomics Study Set 8
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    Exam 16: The Distribution of Income and Social Policy
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    If the Government Is Most Interested in Minimising Excess Burden
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If the Government Is Most Interested in Minimising Excess Burden

Question 8

Question 8

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If the government is most interested in minimising excess burden of an excise tax, should it impose the tax on goods that are elastic or on goods that are inelastic?

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