Omani government wanted to reduce the supply of high sugar drinks in the economy. As an economist, you will ask the government to _________. a. Give more subsidies to the producers of high sugar drinks b. Increase Tax on the high sugar drinks c. Decrease Tax on the high sugar drinks d. Provide access to new technology for the producers of high sugar drinks
Omani government wanted to reduce the supply of high sugar drinks in the economy. As an economist, you will ask the government to _________. a. Give more subsidies to the producers of high sugar drinks b. Increase Tax on the high sugar drinks c. Decrease Tax on the high sugar drinks d. Provide access to new technology for the producers of high sugar drinks
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter8: Application: The Cost Of Taxation
Section: Chapter Questions
Problem 7PA
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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.
Give more subsidies to the producers of high sugar drinks
b.
Increase Tax on the high sugar drinks
c.
Decrease Tax on the high sugar drinks
d.
Provide access to new technology for the producers of high sugar drinks
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