b. Ultimately, who pays the majority of the economic burden of the tax is dependent upon O the marginal tax rate. O the marginal principle. O the cost-benefit priniciple. O the relative supply and demand elasticities.
b. Ultimately, who pays the majority of the economic burden of the tax is dependent upon O the marginal tax rate. O the marginal principle. O the cost-benefit priniciple. O the relative supply and demand elasticities.
Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781305971509
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter8: Application: The Costs Of Taxation
Section: Chapter Questions
Problem 3CQQ
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