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Relative to a Situation in Which Gasoline Is Not Taxed,the

Question 86

Multiple Choice

Relative to a situation in which gasoline is not taxed,the imposition of a tax on gasoline causes the quantity of gasoline demanded to


A) decrease and the quantity of gasoline supplied to decrease.
B) decrease and the quantity of gasoline supplied to increase.
C) increase and the quantity of gasoline supplied to decrease.
D) increase and the quantity of gasoline supplied to increase.

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