A) domestic investment will rise by $60 million.
B) private saving will fall by $60 million.
C) national saving will fall by $60 million.
C) national saving will fall by $60 million.
D) national saving will increase by $60 million.
The amount by which the burden of a tax exceeds the total revenue collected is called
A. neutrality.
B. tax incidence.
C. undue burden.
D. excess burden.
Answer: D
Economics
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