Author Question: If the government imposes a pollution tax on gasoline refineries: a. the supply of gasoline will ... (Read 91 times)

kaid0807 · **on:** Jun 30, 2018

If the government imposes a pollution tax on gasoline refineries:
a. the supply of gasoline will shift to the right.
b. the demand for gasoline will shift to the right.
c. the supply of gasoline will shift to the left.
d. the demand for gasoline will shift to the left.

Question 2

The standard interpretation of the Ricardian model is that differences in factor endowments between countries account for differences in labor productivity.
a. True
b. False
Indicate whether the statement is true or false