The economic incidence of the tax means who:

Name: The economic incidence of the tax means who:
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Question

Quizplus · Accepted Answer

The economic incidence of the tax refers to who actually bears the burden of the tax in terms of lost surplus or increased cost. Option B correctly identifies that the economic incidence falls on those who lose more surplus as a result of the tax. Options A, C, and D are not necessarily true of all taxes and are not a direct indication of economic incidence.

The Economic Incidence of the Tax Means Who