A tax system _____ when it minimizes the direct and indirect costs to the economy of tax collection.

Name: A tax system _____ when it minimizes the direct and indirect costs to the economy of tax collection.
Brand: Quizplus
Rating: 4.8 (48 reviews)

Question

Quizplus · Accepted Answer

An efficient tax system minimizes the direct and indirect costs of tax collection, which reduces the deadweight loss and enhances economic growth. The other options may not necessarily relate to the efficiency of the tax system.

A Tax System _____ When It Minimizes the Direct and Indirect