The [...]incidence of a tax refers to who actually bears the cost of the tax through an increase in the price paid (buyers) or decrease in the price received (sellers).
The [...]incidence of a tax refers to who actually bears the cost of the tax through an increase in the price paid (buyers) or decrease in the price received (sellers).
The [...]incidence of a tax refers to who actually bears the cost of the tax through an increase in the price paid (buyers) or decrease in the price received (sellers).
Answer
actual
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Parent (intermediate) annotation
Open it The actual incidence of a tax refers to who actually bears the cost of the tax through an increase in the price paid (buyers) or decrease in the price received (sellers).</spa
Original toplevel document (pdf)
owner: iamcfa - (no access) - 2015 CFA Level 1 Study Schweser Book 2 - Economics, p29
Summary
status
not learned
measured difficulty
37% [default]
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