Author Question: The deadweight loss from a tax is the reduction in producer and consumer surplus minus the tax ... (Read 123 times)

dakota nelson · **on:** Jun 30, 2018

The deadweight loss from a tax is the reduction in producer and consumer surplus minus the tax revenue transferred to the government.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Which among the following is the primary cause of hyperinflation?
a. decreased government purchases
b. excessive money growth
c. high interest rates
d. high levels of taxation