Social welfare is the sum of O tax revenue and deadweight loss. O deadweight loss and consumer surplus. O producer surplus and tax revenue. consumer surplus and tax revenue.

SWFT Individual Income Taxes
43rd Edition
ISBN:9780357391365
Author:YOUNG
Publisher:YOUNG
Chapter11: Investor Losses
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Question 52
Social welfare is the sum of
tax revenue and deadweight loss.
O deadweight loss and consumer surplus.
O producer surplus and tax revenue.
O consumer surplus and tax revenue.
consumer surplus and producer surplus.
Transcribed Image Text:Question 52 Social welfare is the sum of tax revenue and deadweight loss. O deadweight loss and consumer surplus. O producer surplus and tax revenue. O consumer surplus and tax revenue. consumer surplus and producer surplus.
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