The Indonesian government decided to increase the cigarette excise tax. The results of the increase in cigarette

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The Indonesian government decided to increase the cigarette excise tax. The results of the increase in cigarette excise tax will be used to help BPJS Health financing. We know that cigarettes have very inelastic demand.

Make an illustration of the Government tax revenue from the cigarette.

Related Book For answer-question

International Financial Management

ISBN: 978-0132162760

2nd edition

Authors: Geert Bekaert, Robert J. Hodrick

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Posted Date: May 08, 2020 02:16 AM

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The Indonesian government decided to increase the cigarette excise tax. The results of the increase in cigarette

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Assuming the equilibrium position in the cigarette market is e1 the imposition of excise tax will in... View the full answer

International Financial Management

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