Is the death penalty a deterrent to murder? One way to answer is to compare homicide rates in U.S. states that have the death penalty to rates in similar states that don’t have the death penalty (during the same time period). What do studies of this type show? no effect a small deterrent effect a medium-sized deterrent effect a backfire effect

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Tax Incidence Analysis

Tax incidence analysis is a kind of economic analysis. It helps to understand the division of tax burden between stakeholders. Tax incidence also relates to the price elasticity of demand and supply. The producers and consumers may valuate their tax burden with the help of tax incidence analysis. It also helps to calculate the burden of a new tax. It is the effect of a particular tax and analysis of tax occurrence in the economy.