Suppose That a Tariff Is Imposed on Imported Cheese

question 49

Multiple Choice

Suppose that a tariff is imposed on imported cheese.This will have the effect of __________ the quantity consumed of cheese,__________ consumers' surplus,and __________ the government's tariff revenues.

• A) increasing; increasing; increasing
• B) decreasing; decreasing; increasing
• C) increasing; decreasing; decreasing
• D) decreasing; increasing; increasing
• E) decreasing; increasing; decreasing

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Definitions:

Permanence

The quality or state of being permanent; enduring without significant change.

Indefinitely

For an unknown or unstated length of time, often implying an extended period that has no predetermined end.

Digital Manipulation

Altering media so that the images captured are changed from the way they were originally seen by the human eye.

Human Eye

An organ of vision in humans and other animals, allowing for the perception of light and facilitating the sense of sight.