Multiple Choice
Which of the following statements is true of the tax on gasoline?
A) The cost of collecting a gasoline tax outweighs the revenues raised by the tax.
B) It is preferred to tolls as the best solution to road congestion.
C) It discourages driving on noncongested roads, even though there is no congestion externality for these roads.
D) Both b and c are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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