In an Inflationary Environment, Then Over Time

question 48

Multiple Choice

In an inflationary environment, then over time

• A) A specific tariff will tend to raise more revenue than an ad valorum tariff.
• B) An ad valorum tariff will tend to raise more revenue than a specific tariff
• C) An optimum tariff will tend to raise more revenue than an escalating tariff
• D) A tariff quota will tend to raise more revenue than a specific tariff.
• E) an import quota would raise more revenue than a specific tariff.

---

Definitions:

Shaping

The process of reinforcing successive approximations of a desired behavior to teach new behaviors.

Classical Conditioning

A learning process wherein a neutral stimulus becomes associated with a meaningful stimulus and acquires the capacity to elicit similar responses.

Negative Reinforcement

A behavior modification method that involves the removal of an unpleasant stimulus to increase the likelihood of a desired behavior.

Cumulative Record

A continuous record that shows the total number of times a response occurs in a given time period.