More information about the market - Do we live in a 'nanny state

5 important questions on More information about the market - Do we live in a 'nanny state

What are collective goods?

Goods that cannot be sold in individual units.

What is cost-price increasing tax?

Tax on products and services that increase the cost price of a product or service.

What is excise duty?

Cost-price increasing taxes on certain goods
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What are local authorities?

Provinces, municipalities and water boards.

What is the public sector?

The government and social security funds.

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