For the purpose of analyzing the gains and losses from a tax on a good,we use tax revenue as a direct measure of
A)government's benefit from the tax.
B)government's loss from the tax.
C)the deadweight loss of the tax.
D)the overall net gain to society of the tax.

Question

Quizplus · Accepted Answer

Tax revenue measures the amount of money the government gains from the tax, without taking into account any other costs or benefits to society. Government's benefit from the tax is mainly measured by the tax revenue it collects.

For the Purpose of Analyzing the Gains and Losses from a Tax