A Tariff on a Product Makes

question 139

Multiple Choice

A tariff on a product makes

• A)domestic sellers better off and domestic buyers worse off.
• B)domestic sellers worse off and domestic buyers worse off.
• C)domestic sellers better off and domestic buyers better off.
• D)domestic sellers worse off and domestic buyers better off.

---

Definitions:

Property Tax Rates

The rate at which property in a particular area is taxed.

Hobby Farms

Small-scale farms operated more for leisure and enjoyment than for profit, often focusing on the cultivation of food for the family or specialty crops.

Percent More

A term used to describe how much one quantity is larger than another as a percentage of the second quantity.

Increased By

A term used to indicate that a quantity is being added to, or grown in value or amount.