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-An Excise Tax on Gasoline Causes

Question 188

Multiple Choice

-An excise tax on gasoline causes A) supply of gasoline to shift to the left. B) a reduction in the quantity of gasoline demanded. C) the market clearing price of gasoline to rise. D) All of the above are correct.
-An excise tax on gasoline causes


A) supply of gasoline to shift to the left.
B) a reduction in the quantity of gasoline demanded.
C) the market clearing price of gasoline to rise.
D) All of the above are correct.

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