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In Summarizing the Research on the Externalities Associated with Driving

question 435

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In summarizing the research on the externalities associated with driving cars, a 2007 Journal of Economic Literature article concluded that the optimal corrective tax on gasoline in the United States, in 2015 dollars, would be about


Definitions:

Spinal Reflexes

Spinal reflexes are automatic, involuntary movements or actions of the body that are initiated in the spinal cord without the involvement of the brain, such as the knee-jerk reaction.

Automatic

Processes or actions that are performed without conscious thought or intention, often as a result of learning or habituation.

Motor Nerves

Nerves that transmit impulses from the central nervous system to muscles, causing them to contract and produce movement.

Special Receptors

Cells or nerve endings that respond to changes in the environment by converting stimuli into electrical signals for the nervous system.

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