If the government wants to minimize the welfare loss of a tax, it should tax goods with more inelastic demands or supplies

The __________ is always larger than the __________

A) yield on a discount basis; coupon equivalent yield B) yield on a discount basis; bond equivalent yield C) coupon equivalent yield; yield on a discount basis D) None of the above.

Compare and contrast the two normative standards to income distribution discussed in the text: The productivity standard and the egalitarian principle

What will be an ideal response?