In a Perfectly Competitive Market, a Tariff

question 30

Multiple Choice

In a perfectly competitive market, a tariff:

• A)is another term for an excise tax imposed on any good.
• B)sets the price of an imported good.
• C)is a tax on an imported good.
• D)is the same as an import quota.

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Definitions:

Dialectical Behavior Therapy

A type of cognitive-behavioral therapy aimed at teaching individuals how to live in the moment, cope with stress healthily, regulate emotions, and improve relationships with others.

Systematic Desensitization

A behavioral therapy technique used to reduce phobic responses or anxiety through gradual exposure to the feared object or situation combined with relaxation exercises.

Virtual Reality Exposure Therapy

A method in psychotherapy that uses virtual reality technology to expose patients to stimuli related to their psychological issues.

Progressive Relaxation

A technique involving the tightening and then relaxing of different muscle groups to reduce physical tension and stress.