Excise taxes are popular sources of revenue for governments because a) they are easy to understand. O b) they can be directly implemented by executive orders. O) they are difficult to enact politically but very effective. d) they have very high levels of deadweight loss. O e) they are hard for the consumer to detect because they are collected directly from the producer.

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter12: The Cost Of Production
Section: Chapter Questions
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Excise taxes are popular sources of revenue for governments because
O a) they are easy to understand.
O b) they can be directly implemented by executive orders.
Oc) they are difficult to enact politically but very effective.
O d) they have very high levels of deadweight loss.
e) they are hard for the consumer to detect because they are collected directly
from the producer.
Transcribed Image Text:Excise taxes are popular sources of revenue for governments because O a) they are easy to understand. O b) they can be directly implemented by executive orders. Oc) they are difficult to enact politically but very effective. O d) they have very high levels of deadweight loss. e) they are hard for the consumer to detect because they are collected directly from the producer.
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