A Tariff Is Imposed on a Good

question 70

Multiple Choice

A tariff is imposed on a good.This ________ producer surplus,________ consumer surplus,and ________ total surplus in the home country.

• A)increases;decreases;increases
• B)increases;does not change;increases
• C)increases;increases;increases
• D)decreases;decreases;decreases
• E)increases;decreases;decreases

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Definitions:

Disability

A physical or mental condition that limits a person's movements, senses, or activities.

Prevalent

Commonly occurring or widely accepted in a particular time or place.

Mental Disorder

A broad range of conditions that affect mood, thinking, and behavior, often impacting daily functioning and well-being.

Mood Disorder

A category of psychiatric conditions characterized by a disturbance in a person's mood, leading to periods of depression or abnormally elevated mood.