An increase in the excise tax on alcohol
A)will have no effect on alcohol consumption.
B)will generate minimal tax revenues for the federal government.
C)coupled with a uniform drinking age nationwide would save lives.
D)will generate substantial revenues is demand is elastic.
E)all of the above.

Question

Quizplus · Accepted Answer

An increase in the excise tax on alcohol, combined with a uniform drinking age, can reduce alcohol consumption and related accidents, potentially saving lives.

An Increase in the Excise Tax on Alcohol