the efficeincy loss of a tax is the idea that: a. in addition to taking income f

Question

the efficeincy loss of a tax is the idea that: a. in addition to taking income from the citizens, taxes alsoincrease the rate of inflation b. taxes cause a decline in output for which marginal benefitexceeds marginal cost c. taxes diminish incentives to work d. government spends dollars less efficientcy than dohouseholds and businesses the efficeincy loss of a tax is the idea that: a. in addition to taking income from the citizens, taxes alsoincrease the rate of inflation b. taxes cause a decline in output for which marginal benefitexceeds marginal cost c. taxes diminish incentives to work d. government spends dollars less efficientcy than dohouseholds and businesses

Explanation / Answer

a. in addition to taking income from the citizens, taxes also increase the rate of inflation

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