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:

Tyramine

A naturally occurring monoamine compound that has been associated with the "cheese effect," potentially causing dangerous hikes in blood pressure when consumed in large amounts by individuals taking certain types of antidepressants.

Bipolar Disorder

is a mental health condition characterized by extreme mood swings, including emotional highs (mania or hypomania) and lows (depression).

Mood Stabilizers

Medications used primarily to treat mood disorders, helping to prevent swings between highs (mania) and lows (depression).

Depressive Episodes

Periods characterized by persistent feelings of sadness, loss of interest or pleasure in activities, and other symptoms of depression.