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Introducing Taxes and Tax Incidence
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Problem 10
Introducing Taxes and Tax Incidence
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6. Introduction to Taxes and Subsidies / Introducing Taxes and Tax Incidence / Problem 8
Problem 8
What is the primary purpose of taxes according to the video transcript?
A
To reduce the supply of goods in the market.
B
To increase the profits of private companies.
C
To provide public services like education and safety.
D
To encourage consumer spending.
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