One of the candidates for president this fall suggests that the answer to the oil crisis...
One of the candidates for president this fall suggests that the answer to the oil crisis is simply a tax on the producers of gasoline. All economists agree that excise taxes on producers shift the supply curve to the left. The proposal will A. raise the price of gasoline to consumers B. lower the price of gasoline to consumers C. have no impact on the price of gasoline but get the rich D. have no impact on the price of gasoline but punish producers who want to earn profits.
Homework Answers
Solution: raise the price of gasoline to consumers
Explanation: Due to excercise tax the price received by the producers would decline. The price paid by consumers, which is the price received by producers plus the tax amount, would increase
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One of the candidates for president this fall suggests that the answer to the oil crisis...
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I am writing a discussion post that must consist of 500 words. i posted what I...
I am writing a discussion post that must consist of 500 words.
i posted what I have so far as well as the discussion question. The
parenthesis are for citation. I am looking for tips on how to
expand on what i am trying to say and to see if what I already have
makes sense as a response. Any pointers or tips would be
appreciated. This is Macreconomics.
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I am writing a discussion post that must consist of 500 words.
i posted what I have so far as well as the discussion question. The
parenthesis are for citation. I am looking for tips on how to
expand on what i am trying to say and to see if what I already have
makes sense as a response. Any pointers or tips would be
appreciated. This is Macreconomics.
7:28 <Back M2D: Open Discussion M2D: Open Discussion 100 pts Discussion...
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