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The inverse elasticity rule says that we should tax __________ at the highest rate in order to minimize excess burden. A) goods with the highest

The "inverse elasticity rule" says that we should tax __________ at the highest rate in order to minimize excess burden.

A) goods with the highest price elasticity of demand (most elastic)

B) goods with the lowest price elasticity of demand (most inelastic)

C) he most expensive goods

D) luxury goods

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