One reason that deadweight losses are so difficult to avoid is that
a. taxes affect the decisions that people make.
b. income taxes are not paid by everyone.
c. consumption taxes must be universally applied to all commodities.
d. the administrative burden is hard to calculate.
a
You might also like to view...
Net exports include goods produced
A) domestically that are sold abroad, less goods that are produced abroad that are sold domestically. B) domestically that are sold abroad, less goods produced domestically that are sold domestically. C) domestically that are sold domestically, less goods produced domestically that are sold abroad. D) abroad that are sold domestically, less goods that are produced domestically that are sold abroad.
How can governments intervene in trade?
A) by not buying products from competing countries B) by helping reduce economic uncertainty C) by producing cheaper products D) all of the above