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1. Read the March 1, 2012 Chicago Tribune article Chicago-are gas tax hike proposed to fund mass transit investment. The article has been posted, Please use the link above.
a. If you rely on mass transit what does this proposed tax hike mean to you personally?
b. If you drive to school/work what does this proposed tax hike mean to you personally?
c. How does this proposed tax hike affect the social cost of gasoline consumption in the short-run? In the long-run?
d. Do you support this proposed tax hike? If yes defend your position? If not provide an alternative policy? (Answer as an economists, not as a mass transit user or driver).

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M9482041

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