A "twinkie tax" on fatty foods would aim to
A) reduce the consumption of fatty foods.
B) reduce the production of fatty foods.
C) raise tax revenues for other uses.
D) All of the above.
D
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The larger the leverage ratio of a bank,
A) the greater the proportion of its deposits that are fully insured. B) the smaller the proportion of its deposits that are fully insured. C) the thicker its cushion against failure. D) the thinner its cushion against failure.
Capital goods are counted the same as consumer goods in the national product accounts
a. True b. False Indicate whether the statement is true or false
Producers have an incentive to produce those goods most desired by consumers at the lowest price in
A. a centrally planned economy. B. a communist economy. C. a market economy. D. All of the choices are true.
The output losses from an adverse inflation shock are ________ and the output losses from a fall in potential output are ________.
A. large; small B. small; large C. temporary; permanent D. permanent; temporary