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To evaluate the welfare effects of taxes on economic activity, economists: Select one: a.do nothing because taxes provide public services that are always valued b.measure
To evaluate the welfare effects of taxes on economic activity, economists:
Select one:
a.do nothing because taxes provide public services that are always valued
b.measure changes to consumer and producer surplus
c.measure changes to equilibrium price and quantity
d.measure expenditures on social welfare by the government
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