Exhibit 33-7 ​

question 123

Multiple Choice

Exhibit 33-7
​

-Refer to Exhibit 33-7. Assume that the current price of good X is $25 (which includes a $10 tariff on imports of good X) . The government collects tariff revenue on good X in the amount of

• A)$100
• B)$200
• C)$250
• D)$300
• E)There is not enough information to answer this question.

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Definitions:

Migrant Workers

Individuals who move from one region to another, including internationally, seeking employment in agriculture, construction, and other sectors.

Popular Media

Forms of mass communication widely consumed by the public, including television, radio, newspapers, and the internet, influencing culture and opinions.

American Society

A diverse and complex society characterized by a range of cultures, ethnicities, and ideologies in the United States.