2. Taxes are ultimately paid by people. Taxes may be imposed on transactions, institutions, property, and all

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2. Taxes are ultimately paid by people. Taxes may be imposed on transactions, institutions, property, and all kinds of other things, but in the final analysis, taxes are paid by individuals or households because they own all factors of production.

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Principles Of Microeconomics

ISBN: 9780691150093

13th Global Edition

Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster

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Question Posted: Nov 11, 2024 10:10 AM

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2. Taxes are ultimately paid by people. Taxes may be imposed on transactions, institutions, property, and all

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Principles Of Microeconomics

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