Deadweight losses represent the
a. inefficiency that taxes create.
b. shift in benefit from producers to consumers.
c. part of consumer and producer surplus that is now revenue to the government.
d. increase in revenue to the government.
a
Economics
You might also like to view...
The demand for loanable funds curve shows that as the ________ interest rate increases, there will be ________ the curve
A) nominal; a rightward shift in B) real; a rightward shift in C) nominal; movement down along D) real; movement up along.
Economics
The opportunity cost of holding money increases when: a. the interest rate rises
b. the interest rate falls. c. the price level falls. d. nominal GDP rises. e. nominal GDP falls.
Economics