The Effects of Tariffs and Quotas Are: A(n)__________ in Consumers

question 28

Multiple Choice

The effects of tariffs and quotas are: a(n) __________ in consumers' surplus,and a(n) __________ in producers' surplus.

• A) increase; increase
• B) increase; decrease
• C) decrease; increase
• D) decrease; decrease

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Definitions:

Deviant

Behavior or actions that deviate from the societal norms or expectations, often considered unacceptable or aberrant.

Racial Profiling

The discriminatory practice by law enforcement officials of targeting individuals for suspicion of crime based on the individual's race, ethnicity, religion, or national origin.

Routine Vehicle Inspections

Mandatory checks performed on vehicles to ensure that they conform to regulations governing safety, emissions, or both.

Gender Differences

The distinctions in characteristics, roles, behavior, and social expectations based upon one's gender.