In summarizing the research on the externalities associated with driving cars, a 2007 Journal of Economic Literature article concluded that the optimal corrective tax on gasoline in the United States, in 2015 dollars, would be about
a. $0.50 per gallon.
b. $0.90 per gallon.
c. $2.58 per gallon.
d. $2.78 per gallon.
d
Economics
You might also like to view...
Optimization in differences analyzes:
A) the total net benefits of the alternative that looks the most attractive. B) the change in the net benefits resulting from a shift from one alternative to another. C) only the costs of an alternative and not the benefits. D) the total net benefits of different alternatives.
Economics
Which of the following is a reason for economic discrimination to occur?
A) differences in access to education B) differences in gender C) differences in the quality of education D) barriers to entry in higher-paying occupations
Economics