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MBA, Ph.D in Management
Harvard university
Feb-1997 - Aug-2003
Professor
Strayer University
Jan-2007 - Present
➢ 15) Required: Explain the concept of deadweight loss, tax rates, tax revenue generation regarding the economic solvency of a state / municipal entity?
Refer to Chapter 12, pages 234 – 253; Pay attention to pages 245 – 252 highlighting the “trade-off” between equity & efficiency in a tax structure. Also, review Chapter 8, in particular, section 8-2, pages 160 – 168; Review Figure 6, “How Deadweight Loss and Tax Revenue Vary with the Size of a Tax”, page 164.
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