- Economic Functions of Economics
(vis. 5.1)
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- Taxation: Ability to Pay Theory &
Benefits Received Theory
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- Positive Externalities (3rd Party Benefits)
(vis. 5.3)
(activity #54)
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- Negative Externalities (3rd Party Costs)
(vis. 5.2)
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- Shifting Tax Incidence between Consumers
and Producers (related to elasticity of
Supply & Demand Curves)
(vis.
5.5)
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