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Questions and Answers
What was the adult smoking rate in Australia in 2020?
What was the adult smoking rate in Australia in 2020?
The tax on cigarettes in Australia was decreased by 12.5% each year until 2020.
The tax on cigarettes in Australia was decreased by 12.5% each year until 2020.
False
What was the tax revenue from cigarettes in Australia in 2020?
What was the tax revenue from cigarettes in Australia in 2020?
9 billion AUD
In 2018, the smoking rate among daily smokers in the lowest socioeconomic areas was ___ compared to ___ in the highest socioeconomic areas.
In 2018, the smoking rate among daily smokers in the lowest socioeconomic areas was ___ compared to ___ in the highest socioeconomic areas.
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Match the following years with the respective smoking rates among teens:
Match the following years with the respective smoking rates among teens:
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What is one of the main purposes of imposing a tax on cigarettes?
What is one of the main purposes of imposing a tax on cigarettes?
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Plain packaging for cigarettes is highly effective on its own.
Plain packaging for cigarettes is highly effective on its own.
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How much does Finland charge as a carbon tax per ton of CO2 emissions as of 2021?
How much does Finland charge as a carbon tax per ton of CO2 emissions as of 2021?
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The World Health Organization estimates that CO2 contributes to approximately _____ premature deaths each year.
The World Health Organization estimates that CO2 contributes to approximately _____ premature deaths each year.
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Match the following concepts with their descriptions:
Match the following concepts with their descriptions:
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What was one of the primary purposes of the Piguovian tax in Finland?
What was one of the primary purposes of the Piguovian tax in Finland?
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The Finnish carbon tax raised approximately €1.63 billion in 2021.
The Finnish carbon tax raised approximately €1.63 billion in 2021.
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What percentage decrease in emissions has the EU ETS achieved since its launch in 2005?
What percentage decrease in emissions has the EU ETS achieved since its launch in 2005?
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The Finnish carbon tax aimed to incentivize the reduction in harmful activities such as ______.
The Finnish carbon tax aimed to incentivize the reduction in harmful activities such as ______.
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What was one significant consequence of Finland's carbon tax for key industries?
What was one significant consequence of Finland's carbon tax for key industries?
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The EU ETS system has never faced market volatility.
The EU ETS system has never faced market volatility.
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How much CO2 emissions were reduced due to the Finnish carbon tax between 1990 and 1998?
How much CO2 emissions were reduced due to the Finnish carbon tax between 1990 and 1998?
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Match the financial allocation from the carbon tax to its purpose:
Match the financial allocation from the carbon tax to its purpose:
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What is the approximate amount for healthcare cost savings mentioned?
What is the approximate amount for healthcare cost savings mentioned?
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About 10% of the population in Hong Kong does not use the internet.
About 10% of the population in Hong Kong does not use the internet.
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What is the primary issue that subsidies may lead to in the vaccine market?
What is the primary issue that subsidies may lead to in the vaccine market?
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Vaccine hesitancy may not be addressed by subsidising flu vaccines and can be due to ______.
Vaccine hesitancy may not be addressed by subsidising flu vaccines and can be due to ______.
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Match the following behavioral nudges with their descriptions:
Match the following behavioral nudges with their descriptions:
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What percentage of adults in Hong Kong have received the flu vaccine?
What percentage of adults in Hong Kong have received the flu vaccine?
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The vaccine industry operates as an oligopoly.
The vaccine industry operates as an oligopoly.
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What is the primary purpose of the vaccination subsidy scheme launched in Hong Kong in 2023?
What is the primary purpose of the vaccination subsidy scheme launched in Hong Kong in 2023?
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The vaccination subsidy scheme in Hong Kong costs the government approximately $180 million HKD.
The vaccination subsidy scheme in Hong Kong costs the government approximately $180 million HKD.
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What is one method that may enhance the effectiveness of vaccination programs?
What is one method that may enhance the effectiveness of vaccination programs?
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What is the estimated economic benefit from reduced productivity losses due to the reduction of influenza cases?
What is the estimated economic benefit from reduced productivity losses due to the reduction of influenza cases?
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The government distributes educational materials on flu prevention in multiple __________.
The government distributes educational materials on flu prevention in multiple __________.
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Match the following outcomes related to the vaccination subsidy scheme:
Match the following outcomes related to the vaccination subsidy scheme:
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Which age group is eligible for the vaccination subsidy in Hong Kong?
Which age group is eligible for the vaccination subsidy in Hong Kong?
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Welfare loss occurs due to the positive spillover effects of vaccinations.
Welfare loss occurs due to the positive spillover effects of vaccinations.
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How many potentially hesitant individuals might be persuaded to receive the flu vaccine due to educational programs?
How many potentially hesitant individuals might be persuaded to receive the flu vaccine due to educational programs?
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What percentage of crops in Europe are pollinated by bees?
What percentage of crops in Europe are pollinated by bees?
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Only 78% of the government funding for honey production was used in 2021.
Only 78% of the government funding for honey production was used in 2021.
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What is the annual economic value of crop output improved by animal pollination according to market prices?
What is the annual economic value of crop output improved by animal pollination according to market prices?
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Bees support the reproductive processes of _____ plants, contributing to diverse ecosystems.
Bees support the reproductive processes of _____ plants, contributing to diverse ecosystems.
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Match the following aspects of honey production with their pros or cons:
Match the following aspects of honey production with their pros or cons:
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What is the cost of investment in new technology for honey production?
What is the cost of investment in new technology for honey production?
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The pollination by bees results in increased colony collapses.
The pollination by bees results in increased colony collapses.
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What is the annual subsidy for honey production in Europe from 2020 to 2022?
What is the annual subsidy for honey production in Europe from 2020 to 2022?
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Study Notes
Cigarettes in Australia
- In 2000, 21% of Australian adults smoked. This fell to 11% in 2020.
- Tobacco tax increased by 12.5% annually from 2010 until 2020.
- In 2020, tax revenue was AUD 9 billion.
- Adult smoking rates in 2008 were 19%, and 14% in 2018, following the tax increase.
- Lower socioeconomic areas have a higher proportion of daily smokers (17% vs 7% in 2018). This is linked to factors like lower education, social norms, and financial stress.
- Data from tobacco companies indicates that plain packaging does not impact sales or smoking rates, though this source may not be reliable.
Smoking Rate Among Teens
- Teenage smoking rates have significantly dropped, from 30% in the 1990s to less than 10% in 2019.
Evaluating the Tax
- The tax, despite the low price elasticity of demand for cigarettes, had a notable effect over a decade.
- The tax increase led to the rise of illegal markets.
- The decrease in demand for tobacco products negatively impacted tobacco farming jobs in Australia.
- The tax negatively affects lower socioeconomic groups but also affects teenagers with low disposable incomes.
- Increased taxes allow consumers to consider the price and create time to stop smoking.
Plain Packaging
- Plain packaging, while not independently strong evidence, can support a broader strategy with taxes to decrease smoking rates particularly amongst teenagers. This avoids visual appeal advertisements and cues.
Carbon Emissions in EU and Finland
- The World Health Organization estimates CO2 emissions cause 7 million premature deaths yearly, including approximately 48 in Finland.
- Finland implemented a carbon tax in 1990.
- The 2021 tax was €60 per ton of CO2.
- The tax decreased CO2 emissions by around 4 million metric tons between 1990 and 1998.
- Tax generated €1.63 billion in 2021. €200 million for renewable energy, another €200 million towards climate change mitigation and €70 million for research and innovation.
EU ETS (Emissions Trading System)
- The EU ETS is a program designed to reduce carbon emissions, by making firms pay for CO2 production.
- Emissions decreased by 1.1 billion tonnes of CO2 after the launch of EU ETS in 2005 and has created over 2 million jobs in the clean energy sector.
- Market instability influenced the price fluctuation for emission trading, with permits dropping to zero value in some cases.
Vaccinations in Hong Kong
- Hong Kong launched a $90 HKD subsidy to encourage vaccinations for those aged 18-50 in 2023.
- This could potentially save Hong Kong $630M in healthcare costs and $500M in reduced losses due to work absenteeism.
- However, the subsidy is estimated to cost the government $180M.
Hong Kong Flu Vaccination Subsidy
- The subsidy may lead to inefficiency in the market as vaccine manufacturers may be incentivized to reduce costs which in turn may lead to loss of quality innovation.
- It does not address the issues of vaccine hesitancy; some people may not get vaccinated despite the subsidy.
- Consumers may be uncertain about safety or efficacy which may result in hesitancy
- The vaccine industry may be an oligopoly that benefits.
Healthcare Cost Savings (Hong Kong)
- Estimated savings are $25.2 M (in healthcare costs) and $20.2 M (in productivity savings), in the case of the vaccination program.
- Public health campaigns have been ineffective in encouraging vaccination.
- There is an over-reliance on digital platforms. Older and lower-income populations are significantly less likely to utilize digital platforms which may compromise efficacy.
Honey Production in Europe
- Subsidies are being used to encourage bee pollination of crops and maintain biodiversity.
- Between 2020 and 2022, there was approximately €240M in subsidies.
- The increase in pollination leads to an additional $235-$577 billion USD in global crop output annually.
- Research and Development may also be a way to support honey production.
- Costs of R&D however are around €2.5M.
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Description
Explore the significant trends in cigarette smoking in Australia from 2000 to 2020. Analyze the impact of tobacco tax increases and socioeconomic factors on smoking rates among adults and teens. This quiz will test your understanding of smoking behavior and public health policies.