3. (2+4+5=11 pts) While many governments impose consumer taxes on fuel (such as gasoline/petrol), other governments provide consumer subsidies for fuel (that is, fuel is sold at below market price thanks to government payments). For the relevant questions below, respond for a country depending on the first letter of your last name: Russia (A F), Saudi Arabia (G L), India (M Q), Iran (R V), China (W Z). (a) What is the total value (translate to US$ if necessary) of subsidies for your conn- try? Report a statistic from less than 20 years ago. Give the URL of your source, which should be a government, academic or internatinalon-profit organization (sites ending in .edu, .gov, .org or the country equivalent, but not wikipedia, though wikipedia may have legitimate sources) (b) Is the share of fuel in the budget of your country's households higher for poorer or richer households? For full credit, give numbers from your country; for less credit, give US numbers. Give a URL source as above. (c) The governments aim to use subsidies to raise the incomes of the poor. Why do they choose to subsidize fuel? Use a concept from the course to explain in 1-3 sentences.3. (2+4+5=11 pts) While many governments impose consumer taxes on fuel (such as gasoline/petrol), other governments provide consumer subsidies for fuel (that is, fuel is sold at below market price thanks to government payments). For the relevant questions below, respond for a country depending on the first letter of your last name: Russia (A F), Saudi Arabia (G L), India (M Q), Iran (R V), China (W Z). (a) What is the total value (translate to US$ if necessary) of subsidies for your conn- try? Report a statistic from less than 20 years ago. Give the URL of your source, which should be a government, academic or internatinalon-profit organization (sites ending in .edu, .gov, .org or the country equivalent, but not wikipedia, though wikipedia may have legitimate sources) (b) Is the share of fuel in the budget of your country's households higher for poorer or richer households? For full credit, give numbers from your country; for less credit, give US numbers. Give a URL source as above. (c) The governments aim to use subsidies to raise the incomes of the poor. Why do they choose to subsidize fuel? Use a concept from the course to explain in 1-3 sentences