Intermediate Microeconomics and Its Application 12th Edition by Walter Nicholson,Christopher Snyder

تمرين 12

Discussions of the wisdom of government projects seldom mention the potential costs involved in the taxes needed to finance them. But most of the studies examined here suggest that such costs can be large. Should the announced ''costs'' of government projects be increased above their actual resource costs to account for the excess burden of the taxes needed to pay for them?