[EOE]chapter 8 application:the costs of taxation

武俊敏 发表于 2008-02-14 11:57:38

*The fall in total surplus that results when a tax(or some other policy)distorts a market outcome is called the deadweight loss.Taxes cause deadweight losses because they prevent buyers and sellers from realizing some of the gains from trade.The determination of the deadweight loss:The price elasticities of supply and demand.
关键词(Tag): 经济学 曼昆


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