The relative tax burden borne by buyers and sellers is called the:

Name: The relative tax burden borne by buyers and sellers is called the:
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Tax incidence refers to the relative tax burden borne by buyers and sellers. The tax wedge refers to the difference between the price paid by buyers and the price received by sellers due to the imposition of a tax. Tax revenue is the amount of money collected by the government through taxation. Real tax is not a commonly used term in taxation.

The Relative Tax Burden Borne by Buyers and Sellers Is