Posts Tagged ‘elasticity’

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    Dietary Incentives

    Nov 27, 10 • 431 Views • No Comments

    Which would you choose? 2000 calories from 10 donuts that would cost you $5? or… 2000 calories from Greek yogurt, organic raspberries, a turkey avocado wrap, Alaskan King Salmon, green beans, a whole wheat roll, strawberries and heavy cream for $25.86?......  [read more]

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    High, Low, or No Cigarette Tax?

    Sep 11, 10 • 619 Views • 9 Comments

    Recently, Connecticut legislators were pleasantly surprised because an increase in the cigarette tax generated more revenue than they expected. You might say that the results were predictable. However, if a state increases taxes, it is possible that consumers......  [read more]

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    Indian Protests Fueled By Gas Price Hike

    Jul 11, 10 • 423 Views • No Comments

    A government decision to stop subsidizing gasoline prices in India fueled protests last week. The subsidy cost the indian government 2.5% of its budget ($5.5 billion). Now, with prices responding to the market, the record high deficit can drop.......  [read more]

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    A High, Low, or No Soda Tax?

    Jun 19, 10 • 434 Views • No 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......  [read more]

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    Unexpected Economic Indicators

    May 30, 10 • 431 Views • No 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......  [read more]