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Discuss the three different types of taxations (regressive, proportional, and progressive) and the burden of each on the taxpayer. Discuss the marginal tax rate and
- Discuss the three different types of taxations (regressive, proportional, and progressive) and the burden of each on the taxpayer.
- Discuss the marginal tax rate and the average tax rate and the relationship each of these has on the total tax bill or burden incurred by the taxpayer.
- Discuss the two issues of adverse selection and moral hazard and how these two behaviors raise costs within a healthcare system.
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