A study by Doyle and Samphantharak [2006] found that the price of gasoline charged at gas stations

Question:

A study by Doyle and Samphantharak [2006]

found that the price of gasoline charged at gas stations in Illinois fell 3 percent following a suspension of the 5 percent state gasoline sales tax.

Draw a diagram consistent with this finding.

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Related Book For  book-img-for-question

Public Finance

ISBN: 9780073511351

9th Edition

Authors: Harvey Rosen, Robert Guell, Ted Gayer

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