Tariffs

question 184

Multiple Choice

Tariffs

• A) were the primary source of federal government revenue in the 1800s.
• B) are the primary source of federal government revenue today.
• C) completely prevent international trade from occurring.
• D) are used less often than quotas.

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Definitions:

Income Distributions

Payments made to investors from the earnings derived from the investments within a fund, such as dividends or interest payments.

Rate of Return

The earnings or losses experienced with an investment over a specific duration, depicted as a percentage of the investment's original expense.

Net Asset Value

The total value of all the securities held by a mutual fund or ETF, minus any liabilities, divided by the number of shares outstanding.

Year-End Assets

The total value of all assets an entity owns at the end of an accounting period or fiscal year.