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    Business
  3. Study Set
    Principles of Macroeconomics Study Set 8
  4. Exam
    Exam 8: Application the Cost of Taxation: The Deadweight Loss of Taxation
  5. Question
    If a Tax Shifts the Demand Curve Upward (Or to the Right),we
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If a Tax Shifts the Demand Curve Upward (Or to the Right),we

Question 3

Question 3

Multiple Choice

If a tax shifts the demand curve upward (or to the right) ,we can infer that the tax was levied on


A) buyers of the good.
B) sellers of the good.
C) both buyers and sellers of the good.
D) We cannot infer anything because the shift described is not consistent with a tax.

Correct Answer:

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