Which of the Following Would Result from a Quota Imposed

question 95

Multiple Choice

Which of the following would result from a quota imposed on the quantity of cars that can be imported into the U.S.?

• A)an increase in the total surplus
• B)an increase in producer surplus
• C)Consumers will pay higher prices.
• D)an increase in consumer surplus

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Definitions:

Freud's Theory

A set of psychoanalytic theories developed by Sigmund Freud, centering on unconscious desires, childhood experiences, and sexual and aggressive instincts driving human behavior.

Social Restraints

The limitations or boundaries set by society or culture that dictate acceptable behavior and inhibit certain actions.

Rorschach Inkblot Test

A projective psychological test consisting of 10 inkblots that the participant is asked to interpret, intended to reveal a person's unconscious thoughts, motives, or desires.

Validity

The extent to which a test measures what it claims to measure.