What is a government attempting to do by charging a gasoline tax?
a. Reduce the number of free riders who use public roads
b. Encourage private firms to develop public goods
c. Discourage free riders from using toll roads
d. Shift the demand for gasoline to reduce consumption
a. Reduce the number of free riders who use public roads
Economics
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Refer to Table 8-18. What is the GDP deflator in 2011 if 2016 is the base year?
A) 187 B) 87 C) 8.7 D) 0.87
Economics
If X and Y are perfect substitutes, which of the following assumptions about indifference curves is not satisfied?
A) Completeness B) Transitivity C) More is preferred to less D) Diminishing MRS E) none of the above (All of the above assumptions are satisfied.)
Economics