Rivana posted an Question
October 29, 2021 • 01:31 am 2 points
  • UGC NET
  • Economics

Who among the lowing has developed the concept ot 1ormal incidence' of a tax? a. ursula k. fiicks b. h. dalton j. r. hicks d. a. c. p1gou af the following is fn

Who among the lowing has developed the concept ot 1ormal incidence' of a tax? A. Ursula K. fiicks B. H. Dalton J. R. Hicks D. A. C. P1gou Af the following is fnue in cace

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  • Rucha rajesh shingvekar best-answer

    Mrs. Ursula Hicks, on the other hand, talks of formal and effective incidence of a tax. The direct money burden of a tax, she calls it formal incidence, while effective incidence is considered to be the economic effects of the tax in a broader sense.

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