Excess burden is the total burden of a tax minus the tax revenue generated by the tax.

Name: Excess burden is the total burden of a tax minus the tax revenue generated by the tax.
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Quizplus · Accepted Answer

Excess burden, also known as deadweight loss, refers to the efficiency loss associated with a tax, beyond the tax revenue it generates. It measures the economic activities discouraged by the tax that would otherwise have occurred.

Excess Burden Is the Total Burden of a Tax Minus