Answered

At Westonci.ca, we connect you with the answers you need, thanks to our active and informed community. Discover in-depth solutions to your questions from a wide range of experts on our user-friendly Q&A platform. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

to buy things
- It increases your tax burden to the government
It causes your money to have less value
It decreases the cost of goods and services
It leads to a excess of goods and services
ease select the best answer from the choices provided
A
B
BC
C
D

Sagot :

GinnyAnswer

Final answer:

Taxation impacts the economy by distorting economic decisions, affecting consumer behavior, and leading to deadweight losses.


Explanation:

Taxation can have various effects on the economy such as reducing voluntary transactions, increasing the cost to purchasers, and lowering net returns to sellers. It distorts economic decisions like saving and labor supply, impacting consumer behavior, resource allocation, and economic growth. The imposition of taxes can lead to a deadweight loss, affecting both consumer and producer surplus.


Learn more about Taxation and its economic effects here:

https://brainly.com/question/43574761


We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.