Of the following items,which is/are most important in determining the distribution of tax burden?
A) the person who is legally responsible for paying the tax
B) the elasticities of supply and demand
C) the desired level of tax revenue
D) whether the tax is on income,wealth,sales,or imports
E) the dollar amount of the tax
Correct Answer:
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Q118: A(n)_ in the elasticity of supply or
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Q120: The elasticities of supply and demand are
Q121: The maximum amount of tax revenue is
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