Refer to the Figure Below to Answer the Following Questions

question 1

Multiple Choice

Refer to the figure below to answer the following questions. Figure 7.3.1
The figure shows the market for shirts in Canada,where D is the domestic demand curve and S is the domestic supply curve.The world price is $20 per shirt.Canada imposes a tariff on imported shirts of $4 per shirt.
-Refer to Figure 7.3.1.Canadian producers' ________ from the tariff is ________.

• A)loss;$32 million
• B)loss;$64 million
• C)gain;$80 million
• D)gain;$128 million
• E)gain;$64 million

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Definitions:

Death Rate

A measure of the number of deaths in a particular population, scaled to the size of that population, per unit of time.

Per Capita Growth Rate

A measure of the rate of growth per person in a population, often used in demographic or economic studies.

Birth Rate

The measure of population growth in a given area, calculated as the number of live births per thousand people per year.

Death Rate

The ratio of deaths to the population of a particular area within a certain period of time, usually expressed per 1000 individuals per year.