L ump-sum taxes a. have a zero marginal tax rate. b. have a zero average tax rate.

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L ump-sum taxes

a. have a zero marginal tax rate.

b. have a zero average tax rate.

c. are costly to administer.

d. impose large deadweight losses.

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Principles Of Microeconomics

ISBN: 9780357133484

9th Edition

Authors: N Gregory Mankiw

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Question Posted: Jan 27, 2024 11:00 PM

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L ump-sum taxes a. have a zero marginal tax rate. b. have a zero average tax rate.

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Principles Of Microeconomics

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