If the Tax on Gasoline Increases from $2 to $4

question 57

Multiple Choice

If the tax on gasoline increases from $2 to $4 per gallon,the deadweight loss from the tax increases by a factor of

• A)one-half.
• B)two.
• C)four.
• D)six.

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Definitions:

Capillary Puncture

A medical technique involving the puncture of a capillary vessel, usually in the finger or earlobe, to obtain a small blood sample for testing.

Lancet

A sharp, pointed instrument used to pierce the skin to obtain a capillary blood sample.

Prep Pad

A small, medicated pad used for cleaning an area of the skin before a medical procedure, such as an injection.

Capillary Puncture

A procedure to collect blood samples from a capillary bed, commonly used for tests requiring small amounts of blood, such as glucose levels.