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Definitions by cobelisk
DWL
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"
Dead Weight
Loss," a term used by economists to refer to losses incurred as a result of taxation, subsidies or other distortions to markets that would otherwise
clear
or be
closer
to clearing.
The
tax
meant a DWL to
consumers
of
soda
.
DWL
by
cobelisk
October 15, 2010
0
0
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