Answer to Question #330243 in Macroeconomics for A.v

Question #330243

Discuss the fuel tax increase impact the economic growth of S.A

1
Expert's answer
2022-04-18T08:44:00-0400

An increase in the fuel levy might lead to households experiencing decreased income, employment and returns to factors used for production. Looking at the production side, firms are affected by fuel prices as their input costs depend on transportation and some petroleum products.


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