Which of the following tools help us evaluate how taxes affect economic well-being?
(i)Consumer surplus
(ii)Producer surplus
(iii)Tax revenue
(iv)Deadweight loss

A)(i)and (ii)only
B)(i), (ii),and (iii)only
C)(iii)and (iv)only
D)(i), (ii), (iii),and (iv)

Question

Which of the following tools help us evaluate how taxes affect economic well-being?
(i)Consumer surplus
(ii)Producer surplus
(iii)Tax revenue
(iv)Deadweight loss

A)(i)and (ii)only
B)(i), (ii),and (iii)only
C)(iii)and (iv)only
D)(i), (ii), (iii),and (iv)

Quizplus · Accepted Answer

The Answer is D

Which of the Following Tools Help Us Evaluate How Taxes