TRUE or FALSE Suppose there are two states which collect identical amount of revenue from the sales tax. One exempts foo

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answerhappygod
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TRUE or FALSE Suppose there are two states which collect identical amount of revenue from the sales tax. One exempts foo

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TRUE or FALSE
Suppose there are two states which collect identical amount ofrevenue from the sales tax. One exempts food from the sales taxbase, while the other does not. All else equal, the sales tax inthe state that exempts food will generate a higher excess burdenthan in the state that does not exempt food from the sales tax.
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