If the Government Imposes an Excise Tax on a Good

question 16

Multiple Choice

If the government imposes an excise tax on a good equal to $5 per unit and the demand curve for this good is vertical, the supply of this good will shift:

• A)upward and the price will increase by.
• B)upward and the price will increase by less than.
• C)downward and the price will decrease by.
• D)downward and the price will decrease by less than.

---

Definitions:

Questionnaires

A tool used in studies that includes various questions designed to collect data from participants.

Holt-Winters Multiplicative Model

A forecasting technique that models time series data with seasonal variations using a multiplicative method to capture trend and seasonality.

Holt-Winters Additive Model

A mathematical approach for time series forecasting that accounts for trends and seasonality, using addition for seasonal effects.

Seasonality

The occurrence of variations that are predictable and repeat over a specific period within a year, often seen in industries like retail and agriculture.