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Other Fields Homework Help Economics Topic started by: corie on Oct 24, 2017



Title: The Russian government wants to reduce the consumption of vodka. A one hundred rouble tax on each ...
Post by: corie on Oct 24, 2017
The Russian government wants to reduce the consumption of vodka.  A one hundred rouble tax on each bottle purchased may reduce the consumption of vodka under which circumstance(s)?
A) Vodka is an inferior good.
B) Vodka is a normal good.
C) Vodka is an inferior good and the taxes collected from this tax are rebated to consumers.
D) Vodka is a normal good and the taxes collected from this tax are rebated to consumers.
E) both B and C


Title: Re: The Russian government wants to reduce the consumption of vodka. A one hundred rouble tax on ...
Post by: Canih on Oct 24, 2017
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