Let's explore the concept of deadweight loss of taxation, starting with the laws of supply and demand and the impact taxes have on them. We'll delve into the mathematical representation of deadweight loss in relation to supply, demand, price, and quantity, and discuss common misconceptions about it. To bring these principles to life, we'll examine some real-world examples.
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00:00 Intro
00:26 Supply and demand
03:01 Taxes
08:51 Common mistakes
09:56 Example
Негізгі бет Explaining the Deadweight Loss of Taxation | Macroeconomics
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