What are we looking for? Your answer can receive a maximum score of 5 points and will be graded according to the following rubric: A: Content is original and does an excellent job to analyze the economic question(s). The submission is easy to read, transitions connect ideas well, and the arguments strongly support the conclusion. There is an excellent application of economic theory. There are little or no grammar, punctuation, word choice, and spelling errors. General result: The submission is very focused and nearly flawless. B: Content does a good job to analyze the economic question(s). Arguments are strong but there may be one or two transitions that are not smooth. There are up to a few errors in grammar, punctuation, word choice, and spelling errors. General result: The submission is focused but has a few imperfections. C: Response is appropriate but lacks a clear argument. Arguments are vague and/or incomplete. There is little organization to make the submission coherent. There are at least 6 errors in grammar, punctuation, word choice, and spelling. General result: The submission is adequate but lacks the depth and/or accuracy in an A or B submission.D/F: Response does not adequately address the question(s). There are few or no clear arguments. There is little, if any, coherence to the submission. There are at least 10 errors in grammar, punctuation, word choice, and spelling errors. General result: The submission does a poor job to address the question(s). Explain the mechanism through which taxes on gasoline reduce gasoline consumption. For more information on Econ read this: https://en.wikipedia.org/wiki/Econ
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