2. Explain why lump-sum taxes will not cause any losses in efficiency. Are lump-sum taxes feasible? Also

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2. Explain why lump-sum taxes will not cause any losses in efficiency. Are lump-sum taxes feasible? Also explain, why Lump-sum taxes do not result in substitution effects, but they affect prices. Is this a contradiction?(subject: public finance)

Posted Date: Jun 25, 2024 04:28 PM

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2. Explain why lump-sum taxes will not cause any losses in efficiency. Are lump-sum taxes feasible? Also

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