Flashcards on 4.2: Indirect (excise taxes) HL topic, created by Jasmine Wells on 12/01/2016.
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Created by Jasmine Wells
almost 9 years ago
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Close
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Created by Jasmine Wells
almost 9 years ago
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What is the formula for consumer expenditure?
What is the formula for producer expenditure?
What is the formula for government revenue?
What is welfare loss?
Why does welfare loss occur?
What is the formula for consumer surplus?
How to calculate producer surplus?
How to calculate welfare loss?
What is tax incidence?
How is tax incidence distributed?
