Omani government wanted to reduce the supply of high sugar drinks in the economy. As an economist, you will ask the government to _________. a. Increase Tax on the high sugar drinks b. Decrease Tax on the high sugar drinks c. Provide access to new technology for the producers of high sugar drinks d. Give more subsidies to the producers of high sugar drink
Omani government wanted to reduce the supply of high sugar drinks in the economy. As an economist, you will ask the government to _________. a. Increase Tax on the high sugar drinks b. Decrease Tax on the high sugar drinks c. Provide access to new technology for the producers of high sugar drinks d. Give more subsidies to the producers of high sugar drink
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter6: Supply, Demand And Government Policies
Section: Chapter Questions
Problem 6CQQ
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Omani government wanted to reduce the supply of high sugar drinks in the economy. As an economist, you will ask the government to _________.
a.
Increase Tax on the high sugar drinks
b.
Decrease Tax on the high sugar drinks
c.
Provide access to new technology for the producers of high sugar drinks
d.
Give more subsidies to the producers of high sugar drinks
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