Question: Explain in your own words why a gasoline tax whose proceeds are refunded to the consumer in a lump- sum amount will nonetheless reduce the

Explain in your own words why a gasoline tax whose proceeds are refunded to the consumer in a lump- sum amount will nonetheless reduce the consumption of gasoline.

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1. Explain in your own words why a gasoline tax whose proceeds are refunded to the consumer in a lump-sum amount will nonetheless reduce the consumption of gasoline.

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