Some Policymakers Have Argue That Products Like Cigarettes, Alcohol, and Sweetened

question 39

Multiple Choice

Some policymakers have argue that products like cigarettes, alcohol, and sweetened soda generate negative externalities in consumption. All else equal, if the government decided to impose a tax on soda, the equilibrium quantity of soda would ________ and the equilibrium price of soda would ________.

• A) increase; increase
• B) increase; decrease
• C) decrease; increase
• D) decrease; decrease

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Definitions:

Checklist

A list of items, tasks, or criteria used to ensure completeness and accuracy.

Multiperson Comparison Method

A performance evaluation method where an individual's performance is directly compared with that of several others.

Performance Appraisal

A systematic evaluation process in which the work performance of an employee is assessed and documented, often influencing decisions on promotions, pay raises, and training needs.

Rank Ordering

The process of arranging items or individuals in a sequence based on their relative importance or value.