When a merchant charges an extra 5 percent of a good's purchase price to be paid to the government, this is an example of a(n)

Name: When a merchant charges an extra 5 percent of a good's purchase price to be paid to the government, this is an example of a(n)
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This is an example of an excise tax, which is a tax on a specific good or service. The merchant is adding an additional 5 percent to the purchase price to be collected by the government.

When a Merchant Charges an Extra 5 Percent of a Good's