The Political Wisdom of Choosing a Tariff Acceptable to the Median

question 24

Multiple Choice

The political wisdom of choosing a tariff acceptable to the median U.S. voter is

• A) a good example of the principle of the second best.
• B) a good example of the way in which actual tariff policies are determined.
• C) a good example of the principle of political negotiation.
• D) not evident in actual tariff determination.
• E) usually evident in actual tariff determination.

---

Definitions:

Retirement Plan

A financial arrangement designed to replace employment income upon retirement, which may involve contributions by employers, employees, or both.

Contributions

Amounts given or payments made towards a common goal, project, or for the benefit of a group.

Compounded Semi-annually

A method where interest is calculated and added to the principal amount twice a year.

Quarterly

Happening quarterly or four times annually.