Posts Tagged ‘elasticity’

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    A High, Low, or No Soda Tax?

    Jun 19, 10 • 202 Views • Demand, Supply, and Markets, GovernmentNo Comments

    States debating a tax on soda have to decide whether they want to raise revenue or diminish obesity. If a sales tax on soda is not very high, people will continue buying sugary drinks. The result? The state gets more money. On the other hand, if the tax is

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    Unexpected Economic Indicators

    May 30, 10 • 202 Views • Demand, Supply, and Markets, Macroeconomic MeasurementNo Comments

    Instead of the G.D.P., CPI, and assorted leading and lagging indicators, economists also look at an entirely different set of data. Sometimes hemlines, movie star preferences, and everyday purchases provide business cycle evidence. During a plunge in economic

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    More Taxing Decisions

    May 21, 10 • 208 Views • Demand, Supply, and Markets, Economic Thinkers, GovernmentNo Comments

    Would you support a penny an ounce tax on sugar sweetened beverages? According to the NY Times and The New England Journal of Medicine, the idea is becoming increasingly attractive to many municipalities. By putting on our economic glasses, we can better