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Q. Suppose a nation picks 1000 young adults at random to serve in the army. Illustrate what information do you need to determine the cost of using these people in the Army?

Q. Consider the result suggesting that a consumer prefers to be subject to a lump-sum tax over an excise tax when they end up raising the same tax revenue.Explain how and why the result is related to the consumers' substitution effect.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9275824

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