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The Revenue Generated from a Tax Equals the

Question 97

Multiple Choice

The revenue generated from a tax equals the


A) amount of the good sold times the original price of the good.
B) amount of the tax times the quantity sold after the tax is imposed.
C) total social welfare lost as a result of the tax.
D) deadweight loss from the tax.
E) total consumer and producer surplus before the tax.

Correct Answer:

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