Assume that the demand for salt is relatively inelastic and that the demand for snowboards is relatively elastic. If a tax is levied on both goods, what is the deadweight loss for snowboards relative to the deadweight loss for salt?

a.The gain of deadweight loss is smaller for salt.

b.The gain of deadweight loss is greater for salt.

c.The loss of deadweight loss is smaller for salt.

d.The loss of deadweight loss is greater for salt.

How is the benefit from a tax measured?

a.by the cost of collecting the tax

b.by the interest saved because the government did not borrow the funds

c.by the government's surplus, which is tax revenue minus government expenditures

d.by how much the public gains from the government spending the tax revenue