Mankiw Argues That a Primary Difference Between Taxing Products Like

question 216

Multiple Choice

Mankiw argues that a primary difference between taxing products like gasoline and taxing soda and other sugary drinks is that

• A)consumption of gasoline causes negative externalities on society while consumption of soda affects the consumer.
• B)the government can generate significant revenue from the gas tax but not from a soda tax.
• C)gasoline has inelastic demand but soda has elastic demand.
• D)Both a and c are correct.

---

Definitions:

Interviews

A method of data collection or employment selection involving a conversation between two or more people, where questions are asked to obtain information from the interviewee.

One-On-One Interaction

Direct, personal communication between two individuals, often used in marketing to tailor the experience to the customer's specific needs or preferences.

Consumer Participants

Individuals who actively engage in the marketplace by purchasing, using, and providing feedback on goods and services.

Focus Group Research

A qualitative research method involving guided group discussions used to gather participants' attitudes, perceptions, and responses toward a specific topic or product.