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QUESTION 3 The lump sum principle suggests that the tax that reduces utility the least is Oa. a tax on income O b. a
QUESTION 3 The lump sum principle suggests that the tax that reduces utility the least is Oa. a tax on income O b. a tax on a good with only a few substitutes Oc. an equal tax per-unit on all goods Od. a tax on a good with many substitutes
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