Economics · Public Finance
According to Hugh Dalton, the optimum system of public finance is achieved at the point where:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Marginal Social Sacrifice is zero
- 2Public Expenditure is minimized
- 3Total Tax Revenue is maximized
- 4Marginal Social Sacrifice equals Marginal Social Benefit✓
Correct answer
Marginal Social Sacrifice equals Marginal Social Benefit
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