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uppose a sales tax is imposed on a good or service. Which of the following is true regarding the burden of a tax? That is,
uppose a sales tax is imposed on a good or service. Which of the following is true regarding the burden of a tax? That is, who actually pays the tax? Group of answer choices Consumers always pay the full amount of the tax because producers will raise price by the amount of the tax. Producers always pay the full burden of the tax. The burden of the tax will be shared by both consumers and producers, unless demand or supply is perfectly inelastic. Government and consumers pay the tax equally
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