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Nitella [24]
2 years ago
14

The deadweight loss from a tax is likely to be greater with a good that has Select one: a. many substitutes. b. an inelastic dem

and. c. few substitutes. d. an inelastic supply.
Business
1 answer:
Lorico [155]2 years ago
3 0

The deadweight loss from a tax is likely to be greater with a good that has many substitute.

<h3>What is deadweight loss?</h3>

This refers to scenario, tax imposed create loss of economic sufficiency; when the supply of goods and services aren't met.

Dead weight loss is the inefficiency that occurs when the market is not in equilibrium.

Learn more about deadweight loss here: brainly.com/question/26362939

#SPJ1

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Assume company x deposits $100,000 in cash in commercial bank. If no excess reserves exist at the time this deposit is made and
kodGreya [7K]

Assume company x deposits $100,000 in cash in a commercial bank. If no excess reserves exist at the time this deposit is made and the reserve ratio is 20 percent, the bank can increase loans by a maximum of $500,000.

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