The given statement can be marked as true because the wedge between the buyers' price and the sellers' price is the same.
A tax levied on sellers usually makes the buyers to pay more for the good and sellers receives less for the good than they did before the tax was levied.
Taxes also contribute to the gross domestic product (GDP) of a country and help in the economic growth.
Basically, whether a tax is levied on sellers or buyers, taxes encourage market activity.
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