Which of the following would likely cause the greatest deadweight loss ?

Related Mcqs:

Refer to Exhibit 4. If there is no tax placed on the produced in this market consumer surplus is the area ?

A. C + D + F B. A C. A + B + E D. D + C + B...

If the Pakistani government runs a budget surplus there is ?

A. an excess of government receipts over government spending. B. an equality of government spending and receipts. C. a surplus of government workers. D. an excess of government spending over government receipts....

The marginal tax rate is ?

A. the taxes paid by the marginal worker B. total income divided by total taxes paid C. the extra taxes paid on an additional unit of income D. total taxes paid divided by total income...

A tax on petrol is likely to ?

A. generate a deadweight loss that is unaffected by the time period over which it is measured B. cause a greater deadweight loss in the long run when compared to the short run C. None of these answers D. cause a greater deadweight loss in the short run when compared to the long run....

Since the supply of undeveloped land is relatively inelastic a tax on undeveloped land would generate ?

A. a small deadweight loss and the burden of the tax would fall on the renter B. a large deadweight loss and the burden of the tax would fall on the landlora C. a large deadweight loss and the burden of the tax would fall on the renter. D. a small deadweight loss and the … Since the supply of undeveloped land is relatively inelastic a tax on undeveloped land would generate ?Read More...