To calculate tax revenue:
A) multiply the tax per unit by the number of units of the item being taxed.
B) divide total revenues by the tax per unit.
C) multiply total revenues by the tax per unit.
D) None of these will calculate tax revenue.
Correct Answer:
Verified
Q41: Taxing the market for alcohol the same
Q42: The administrative burden of taxes is:
A)the same
Q43: In general,more efficient taxes have:
A)lower administrative burdens.
B)are
Q47: For any given tax,imposing a tax in
Q48: The federal income tax _ compared to
Q48: A bridge that typically gets 1,000 cars
Q49: The administrative burden of taxes is:
A)smallest with
Q50: A new toll of $.50 per car
Q51: When raising taxes,the quantity effect tells us
Q56: The administrative burden of a tax is:
A)
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