An increase in the excise tax on alcohol of $1 per liter: a. coupled with a uniform drinking age nationwide would save lives. b. will raise the price of alcohol by exactly $1 per liter. c. will generate substantial revenue if demand is elastic. d. will generate minimal tax revenues for the federal government. e. will have no effect on alcohol consumption.
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An increase in the excise tax on alcohol of $1 per liter: a. coupled with a uniform drinking age nat...
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