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sweetapple718 sweetapple718
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Which statement is consistent with the study reported in the Evidence-Based Economics element in this chapter?

▸ The very high gasoline price due to high taxes explains why more gasoline is consumed in Mexico than in Brazil.

▸ The very low gasoline price due to large subsidies explains why more gasoline is consumed in Venezuela than in other countries.

▸ The relatively low quantity of gasoline demanded in Brazil explains why its government taxes gasoline heavily.

▸ The relatively modest quantity of gasoline demanded in Mexico explains why the gasoline price in Mexico is between that of Brazil and Venezuela.
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Macroeconomics

Macroeconomics


Edition: 3rd
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ftricey04ftricey04
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sweetapple718 Author
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A year ago
Brilliant ツ
rhockeygirl
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Just got PERFECT on my quiz
alpheratz
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Thanks
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