Explain in detail the concept of excess burden and explain
Explain in detail the concept of excess burden and explain the factors significant in the calculation of the excess burden. What is marginal excess burden and why is it important concept for policy evaluation?
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use your own words to explain the idea of equilibrium in the income-expenditure model as part of your answer explain
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explain in detail the concept of excess burden and explain the factors significant in the calculation of the excess
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