B 4-1 Quiz - ECO-201-T2864 Micro x MindTap - Cengage Learning * *Course Hero X + X

O 4-1 Quiz - ECO-201-T2864 Micro, MindTap - Cengage Learning Course Hero C Ramel v My Home Courses ng.cengage.com/static/nb/ui/evo/index.html?deploymentld CENGAGE I MINDTAP Module Four Quiz Back to Assignment Attempts 11 . Achieving lower pollution Q Search this course Catalog and Study Tools Rental Options College Success Tips Career Success Tips Help Give Feedback Keep the Highest / 1 Suppose the govemment decides to raise the gasoline tax as a way to reduce air pollution and traffic congestion to their optimal levels. Which of the following describes why corrective taxes, such as the gasoline tax, are unlike most other taxes? o o o o Corrective taxes alter incentives, whereas other taxes typically do not. Other taxes are typically used to cover general spending, but funds from corrective taxes can be used only to alleviate pollution. Corrective taxes bring the allocation of resources closer to the social optimum and, thus, improve economic efficiency. Other taxes get passed on from businesses to consumers, whereas corrective taxes do not. Grade It Now Save & Continue Continue without saving A-Z 1:16