Tag: market-distortion

Tag: market-distortion

1 page tagged market-distortion.

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• Chapter 27: Government in the Marketplace — Taxes and Subsidies — Economics 101

  Taxes raise costs and shrink supply; subsidies lower costs and expand it. Both are precision tools for shaping behavior — and both come with side effects, distortions, and the occasional black market.

Related tags

• taxes
• subsidies
• fiscal-policy
• sin-taxes
• agricultural-subsidies
• tax-incidence