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Use the Figure Below to Answer the Following Question(s)

question 259

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Use the figure below to answer the following question(s) .
Figure 4-7 Use the figure below to answer the following question(s) . Figure 4-7   -Refer to Figure 4-7. The supply curve S<sub>1</sub> and the demand curve D indicate initial conditions in the market for gasoline. A $.60-per-gallon excise tax on gasoline is levied. How much revenue does the $.60-per-gallon tax generate for the government? A)  $40 billion B)  $48 billion C)  $50 billion D)  $60 billion
-Refer to Figure 4-7. The supply curve S1 and the demand curve D indicate initial conditions in the market for gasoline. A $.60-per-gallon excise tax on gasoline is levied. How much revenue does the $.60-per-gallon tax generate for the government?

Understand the role and attributes of public administrators in the context of new public service.
Recognize the importance of managing behavior within the framework of democratic governance and public interest.
Grasp the concept of shared values and responsibilities in achieving public interest.
Identify central issues in organizational behavior relevant to public service.

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