Answer to Question #330242 in Macroeconomics for A.vee

Question #330242

Discuss the fuel tax increase impact the public social welfare.

1
Expert's answer
2022-04-18T08:44:04-0400

The result of the fuel tax is less consumption, less pollution, better health, less congestion and fewer accidents. The tax is more effective than alternatives; one study shows that gasoline taxes are multiple times less expensive than fuel economy standards at achieving increased environmental quality.


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