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Taxes are of interest to


A) microeconomists because they consider how to balance equality and efficiency.
B) microeconomists because they consider how best to design a tax system.
C) macroeconomists because they consider how policymakers can use the tax system to stabilize economic activity.
D) All of the above are correct.

E) B) and D)
F) A) and D)

Correct Answer

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If a tax did not induce buyers or sellers to change their behavior, it would not cause a deadweight loss.

A) True
B) False

Correct Answer

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