Solved

If the Government Quadrupled the Tax on Gasoline,what Happens to the Deadweight

Question 177

Multiple Choice
If the government quadrupled the tax on gasoline,what happens to the deadweight loss from the gasoline tax

If the government quadrupled the tax on gasoline,what happens to the deadweight loss from the gasoline tax


A) It would more than quadruple.
B) It would quadruple.
C) It would increase, but it would not quadruple.
D) It would not change.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents