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11 Dec 2019
The actual division of the burden of a tax between buyers and sellers in a market is called
A) tax incidence.
B) tax liability.
C) tax bearer.
D) tax parity.
The actual division of the burden of a tax between buyers and sellers in a market is called
A) tax incidence.
B) tax liability.
C) tax bearer.
D) tax parity.
Lelia LubowitzLv2
29 Apr 2020
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Related questions
1-
If the government increases the tax on a good then the price paid by buyers will ______________ and the price sellers receive will _________________.
| a. |
increase; increase |
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| b. |
increase; decrease |
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| c. |
decrease; increase |
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d. decrease; decrease ________________________________________________________ 2- It doesn't matter whether a tax is levied on the buyers or sellers of a good because _____________.
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