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:

Migration

The movement of people from one place to another, often across political boundaries, for the purpose of settling temporarily or permanently.

Wage Rate

The amount of money paid to an employee for a specific amount of work, typically expressed per hour or year.

Value Of The Total Product

The total market value of all goods and services produced by an economy over a specific period.

Zinnia

A genus of plants in the sunflower tribe within the daisy family, known for their diverse and colorful flowers, often grown for ornamental purposes.