Distinguish between money burden and real burden of taxation
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Money burden and real burden can be distinguished in relation to public debt as follows. Thus we can say that money burden literally means total sacrifices which is normally in terms of money whereas we can as well say that real burden means the total burden including money burden.
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Answer:
Money burden and real burden can be distinguished in relation to public debt as follows. Thus we can say that money burden literally means total sacrifices which is normally in terms of money whereas we can as well say that real burden means the total burden including money burden.
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