Flashcard sets with a 'deadweight loss' term meaning 'the fall in total surplus that results when a tax (or some other policy) distorts a market outcome.'

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1-1 of 1Flashcard sets with a 'deadweight loss' term meaning 'the fall in total surplus that results when a tax (or some other policy) distorts a market outcome.'
# Title Terms Date
1Econ: Chapter 8by mterrien2 termsOctober 14, 2007
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