In General,the Costs Tariffs and Quotas Impose on Consumers Are

question 125

Multiple Choice

In general,the costs tariffs and quotas impose on consumers are

• A)large in total but relatively small per person.
• B)small in total but relatively large per person.
• C)large in total and large per person.
• D)small in total and small per person.

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Definitions:

Charges

Fees or prices asked for goods and services provided.

Energy Tax Credit

A government incentive that reduces the tax bill of individuals or businesses that make energy-efficient improvements or investments.

Heat Pump

A device that transfers heat energy from a source of heat to what is called a thermal reservoir, commonly used for heating and cooling buildings.

Watts

A unit of power in the International System of Units (SI) that measures the rate of energy transfer or conversion.