question archive Which of the following is true of taxes? a
Which of the following is true of taxes? a
Subject:EconomicsPrice: Bought3
Which of the following is true of taxes?
a. Taxes drive a wedge between what buyers pay and what sellers receive.
b. Taxes increase the volume of mutually advantageous exchanges.
c. Increases in taxes are the primary cause of inflation.
d. Business taxes generate government revenue without imposing a burden on consumers and households.
