Which of the following is not a true statement about taxes?
Select one:
a.
The excess burden of a tax is greater if the demand or supply curves (or both) are flat.
b.
The revenue to the government from an excise tax is the tax per unit multiplied by the quantity of the good that is sold after the tax goes into effect.
c.
Every tax has an excess burden (sometimes called deadweight loss).
d.
Part of every tax is paid by buyers out of consumer surplus, and part is paid by sellers out of producer surplus.
e.
In reality, a tax is borne (paid) mostly by the suppliers, if they are the ones who send the money to the government.