In Comparing a Tariff and an Import Quota We Find

question 43

Multiple Choice

In comparing a tariff and an import quota we find that:

• A)the tariff and quota both generate the same amount of revenue for the federal government.
• B)the tariff generates revenue for the federal government but the quota does not.
• C)the quota generates revenue for the federal government but the tariff does not.
• D)neither the tariff nor the quota generates revenue for the federal government.

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Definitions:

Humanistic Psychology

Historically significant perspective that emphasized the growth potential of healthy people and the individual’s potential for personal growth.

Carl Rogers

An influential American psychologist who founded the humanistic approach to psychology, emphasizing the importance of free will, self-actualization, and empathy in personal development.

Abraham Maslow

A psychologist known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs.

Cognitive Psychology

A branch of psychology focused on the study of mental processes such as perception, memory, thought, and problem-solving.