In order to curb the use of illegal drugs such as cocaine or the use of harmful legal substances such as tobacco, government can use two basic options: Decrease demand through public education or decrease supply through legal restrictions or taxes. Which of these two types of policies is likely to have more long-term success? Justify your ideas with appropriate examples?
In order to curb the use of illegal drugs such as cocaine or the use of harmful legal substances such as tobacco, government can use two basic options: Decrease demand through public education or decrease supply through legal restrictions or taxes. Which of these two types of policies is likely to have more long-term success? Justify your ideas with appropriate examples?
Chapter1: Making Economics Decisions
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Q10 In order to curb the use of illegal drugs such as cocaine or the use of harmful legal substances such as tobacco, government can use two basic options: Decrease demand through public education or decrease supply through legal restrictions or taxes. Which of these two types of policies is likely to have more long-term success? Justify your ideas with appropriate examples?
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