Reducing a Tariff on a Particular Good Does Which of the Following

question 70

Multiple Choice

Reducing a tariff on a particular good does which of the following?

• A)​It decreases the price of the domestic good to domestic consumers.
• B)​It increases the price of the good to domestic consumers.
• C)​It redistributes income away from domestic producers toward domestic consumers.
• D)​both (a) and (c)

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The total amount of compensation or earnings an individual receives on a weekly basis.

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The length of time someone has spent in their profession or a particular field of work.

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