_____ Is a Tax on Imports

question 48

Multiple Choice

_____ is a tax on imports.

• A) An excise tax
• B) A sales tax
• C) A tariff
• D) An export duty

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Definitions:

Consumer Satisfaction

Consumer satisfaction measures how products or services provided by a company meet or surpass a customer's expectation.

Necessities

Basic needs or essential items required for living and maintaining a good life.

Chain-Weighted Price Index

Cost-of-living index that accounts for changes in quantities of goods and services.

Quantities

The amount or number of a material or immaterial good considered as a unit or in discrete portions.