Taxation of Alcoholic Beverages Would Be an Example of an Intervention

question 45

Multiple Choice

Taxation of alcoholic beverages would be an example of an intervention based on the model.

• A)sociocultural
• B)social learning
• C)moral
• D)disease

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Definitions:

Other-Things-Equal Assumption

The assumption that factors other than those being considered are held constant. Also known as the ceteris paribus assumption.

Supply

The total amount of a specific good or service that is available to consumers at current prices.

Excise Tax

A tax imposed on specific goods, services, or activities, such as tobacco, alcohol, and fuel, usually intended to discourage their use or generate revenue.

Demand and Supply

Economic model that determines the price of a good in a market, based on the desire and availability of the good.