Which of the Following Statements Is False

question 136

Multiple Choice

Which of the following statements is false ?

• A)Consumers receive more consumers' surplus when tariffs do not exist.
• B)Producers receive more producers' surplus when tariffs do not exist.
• C)A tariff results in a net loss to society.
• D)With a tariff, the gains to the winners are less than the losses to the losers.

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Definitions:

Roman Emperor

The ruler of the Roman Empire during its existence, holding supreme power over its territories and people.

Beard

Hair that grows on the jaw, chin, upper lip, and cheeks of humans and some non-human animals, often seen as a symbol of masculinity and wisdom in various cultures.

Pseudoperipteral

An architectural term referring to a building that has a row of columns around the sides which are attached to the walls, giving the appearance of a peripteral colonnade.

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