Which of the Following Explains Why the Sugar Quota Is

question 7

Multiple Choice

Which of the following explains why the sugar quota is a winning policy for politicians?

• A) The people who are harmed by the quota are rationally informed.
• B) The people who are harmed by the quota have strong incentive to oppose the policy.
• C) The people who benefit from the quota are rationally ignorant.
• D) The people who benefit from the quota have strong incentive to support the policy.

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Definitions:

Interest Expense

The cost incurred by an entity for borrowed funds, reflected as a charge against its income.

Goodwill Impairment

A decrease in the recorded value of goodwill, indicating it is worth less than its carrying amount on the balance sheet.

FASB ASC

The Financial Accounting Standards Board Accounting Standards Codification, which is the source of authoritative GAAP recognized by the FASB to be applied by nongovernmental entities.

Quantitative Assessment

The evaluation or measurement of something based on quantity or amounts.