Excise taxes are popular sources of revenue for governments because
A) they have very high levels of deadweight loss.
B) they are easy to understand.
C) consumers are rarely aware that they are paying them.
D) they are very stable sources of revenue.
E) they require very little paperwork.
Correct Answer:
Verified
Q74: A tax on milk would likely cause
Q75: In most cases,taxes reduce economic efficiency because
A)
Q76: A tax on consumers would cause the
Q77: A tax on consumers of a good
Q78: A tax on milk would likely cause
Q80: The difference between the price consumers pay
Q81: If the government wants to raise taxes
Q82: In the long run,both supply and demand
Q83: For any type of tax the government
Q84: The deadweight loss from a tax is
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