When different consumers pay different amounts of taxes, Ricardian equivalence may fail because
A) alternative ways of collecting the same tax revenue can affect the distribution of income.
B) consumers can become jealous of one another.
C) such differences in taxes create credit market imperfections.
D) higher taxes on more talented people may be politically popular.
A
Economics
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If a bond was to pay off one year from now for $440 and the interest rate is 10 percent, what is the price of the bond?
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Show, or explain, why a monopolist with positive marginal costs charges a price on the elastic range of his/her demand curve
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