The excess burden of an income tax is a function of the ____

Author Question: The excess burden of an income tax is a function of the _____. a. average tax rate b. flat tax ... (Read 49 times)

Beheh

Hero Member
Posts: 520

on: Jul 1, 2018

The excess burden of an income tax is a function of the _____.

a. average tax rate
b. flat tax rate
c. marginal tax rate
d. Laffer curve

Question 2

If a strategy is a best response, then

A) it will never be played.
B) it will never be part of a Nash equilibrium.
C) A and B are correct.
D) it could be part of a Nash equilibrium.

mochi09

Sr. Member
Posts: 335

Reply #1 on: Jul 1, 2018

Answer to Question 1

c

Answer to Question 2

D

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