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Tax Incidence Is the

Question 3

Multiple Choice

Tax incidence is the


A) burden buyers have to absorb from a tax on goods and services.
B) burden sellers have to absorb from a tax on goods and services.
C) lost revenue the government endures from goods and services that are not taxed.
D) division of the burden of a tax between the buyer and the seller.
E) deadweight loss created by a tax.

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