An efficient tax system is one that imposes small
A)deadweight losses and administrative burdens.
B)marginal rates and deadweight losses.
C)administrative burdens and transfers of money.
D)marginal rates and transfers of money.

Question

Quizplus · Accepted Answer

An efficient tax system minimizes deadweight losses, which are the economic losses that occur when market transactions are not efficient, and administrative burdens, which are the costs associated with managing and collecting taxes.

An Efficient Tax System Is One That Imposes Small