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Uk unveils levy on sugary drinks

Assignment Help Macroeconomics
Reference no: EM131056415 , Length: 500 words

Read the article "UK unveils levy on sugary drinks" and answer the following questions:

a) What are the arguments for and against the imposition of such a tax on sugary drink?

b) Based on the information from this article, who will bear a higher proportion of such tax?Explain why. Use a diagram to show the tax incidence borne by consumers and producers inthis case.

Reference no: EM131056415

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