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Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498 Exercise 1
Which would you expect to be less efficient, a flat tax on all income or a property tax (charged based on the assessed value of real estate)? Explain why, in terms of both deadweight loss and administrative costs.
Explanation
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Flat tax and property tax in terms of ad...
Economics 1st Edition by Dean Karlan,Jonathan Morduch
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