Which of the Following Is True

question 87

Multiple Choice

Which of the following is true?

• A) An import quota generates government revenue.
• B) Tariffs on imports generate government revenue as long as the domestic price is larger than the world price plus the tariff.
• C) Tariffs on imports do not generate government revenue if the domestic price is larger than the world price plus the tariff.
• D) Tariffs on imports never generate government revenue.

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Definitions:

Gracilis

A thin, strap-like muscle in the inner thigh that helps in the adduction of the leg.

Semimembranosus

One of the three hamstring muscles at the back of the thigh, involved in knee flexion and hip extension.

Semitendinosus

A muscle in the thigh, part of the hamstrings group, which functions in knee flexion and thigh extension.

Calcaneal Tendon

Also known as the Achilles tendon, it is the tendon at the back of the ankle, connecting the calf muscles to the calcaneus (heel bone) and facilitates walking, running, and jumping.