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Other Fields Homework Help Economics Topic started by: thanhha78 on Aug 28, 2017



Title: Your boss, the mayor of a city, thought that she'd come up with a great way to raise city revenue: ...
Post by: thanhha78 on Aug 28, 2017
Your boss, the mayor of a city, thought that she'd come up with a great way to raise city revenue: increase the tax on gasoline in the city! However, she discovered that the city was actually receiving less tax revenue after the gas tax increase than before. Incensed, she declared that the economic policy prescription of taxing goods with inelastic demand must be flawed. Comment.


Title: Re: Your boss, the mayor of a city, thought that she'd come up with a great way to raise city ...
Post by: trumpetsoflife on Aug 28, 2017
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