Recall the Application About Taxing Cigarettes to Offset Present Bias

question 78

Multiple Choice

Recall the application about taxing cigarettes to offset present bias.Accordingly to the study,how would the cigarette tax effect low-income households?

• A)It will be beneficial as low-income households will respond to changes in the higher price of cigarettes.
• B)Low-income households would experience a relatively large increase in lifespan.
• C)Low-income households will not benefit from the cigarette tax.
• D)A and B are correct.

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