September 2023 This is a discussion question NOT a paper Must be 250 words

2024 The US Congress Passes A Law That Raises The Excise Tax On Gasoline By $1 Per Gallon. What Effect Will This Change Have On The Demand And Supply Of Gasoline? What Will Happen To Gasoline Prices And Quantity? Choose A Market That Maybe Affected And Pred Assignment Help

This is a discussion question NOT a paper Must be 250 words 2023

This is a discussion question NOT a paper. Must be 250 words. For Economics class. The US Congress passes a law that raises the excise tax on gasoline by $1 per gallon. What effect will this change have on the demand and supply of gasoline? What will happen to gasoline prices and quantity? Choose a market that maybe affected and predict long-term consequences.

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