The government's benefit from a tax can be measured by
A)consumer surplus.
B)producer surplus.
C)tax revenue.
D)All of the above are correct.

Name: The government's benefit from a tax can be measured by A)consumer surplus. B)producer surplus. C)tax revenue. D)All of the above are correct.
Brand: Quizplus
Rating: 4.7 (39 reviews)

Question

Quizplus · Accepted Answer

The government's benefit from a tax is measured by the tax revenue collected. Consumer surplus and producer surplus do not directly benefit the government.

The Government's Benefit from a Tax Can Be Measured by