If gasoline taxes were significantly increased in the United States, then
A) some of the government regulations that require automakers to produce more fuel-efficient cars would become unnecessary.
B) other taxes, such as income taxes, could be lowered.
C) it is likely that roads would become safer and the environment would become cleaner.
D) All of the above are correct.
Correct Answer:
Verified
Q155: The best remedy for market failure is
Q156: Suppose that cigarette smokers create a negative
Q157: Most taxes distort incentives and move the
Q158: Which of the following problems can not
Q159: The tax on cigarettes is an example
Q162: Suppose that smoking creates a negative externality.
Q165: Suppose that alcohol consumption creates a negative
Q182: Suppose that candy producers create a positive
Q191: Which of the following statements is not
Q199: Suppose that electricity producers create a negative
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents