Which of the Following Is Not a Description of What

question 80

Multiple Choice

Which of the following is not a description of what a tariff can achieve in a perfectly competitive market?

• A)A tariff can achieve many of the same goals as an import quota.
• B)A tariff can create less domestic deadweight loss than a quota if the tariff revenues are redistributed domestically.
• C)A tariff can create greater government revenues than a quota.
• D)A tariff creates enough government revenue to completely offset the impact of deadweight loss, thereby increasing total surplus.

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Definitions:

Sensory Adaptation

The process in which sensory receptors grow accustomed to constant, unchanging levels of stimuli over time.

Sensory Fatigue

A condition where there is a temporary decrease in the sensitivity of a sense after prolonged exposure to a stimulus.

Sensory Abilities

The capabilities related to the reception and processing of sensory information from the environment by the sensory organs.

Phantom Limb Phenomenon

The phantom limb phenomenon is the sensation that an amputated or missing limb is still attached to the body and is moving appropriately with other body parts.