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If the government decides to increase the tax on gasoline from $0.10 to $0.12 per litre, what happens to the deadweight loss from this tax?
If the government decides to increase the tax on gasoline from $0.10 to $0.12 per litre, what happens to the deadweight loss from this tax? Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a It rises by more than 20%. b It rises by less than 20%. c It rises exactly 20%. d Deadweight loss will not change
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