What is the nature of the deadweight loss accompanying taxes? Why is it often referred to as
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What is the nature of the deadweight loss accompanying taxes? Why is it often referred to as an “excess burden”?
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The deadweight loss is the loss of the potential gains of buyers ...View the full answer
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Related Book For 
Macroeconomics Private And Public Choice
ISBN: 9780357134009
17th Edition
Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
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