What defines an efficient tax system?

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Reduces the administrative costs associated with taxation.Performs all the functions mentioned in the other options.Generates government revenue while imposing minimal costs on taxpayers.Lowers the economic inefficiency or deadweight loss caused by the tax.

Explanation

An efficient tax system is one that accomplishes all the objectives listed: it minimizes administrative expenses, reduces deadweight loss, and raises revenue at the lowest possible cost to taxpayers.