If a Tariff Is Imposed on Imports of Shrimp into the United

question 77

Multiple Choice

If a tariff is imposed on imports of shrimp into the United States,U.S.consumer surplus from shrimp will ________ and U.S.producer surplus from shrimp will ________.

• A) increase; increase
• B) increase; decrease
• C) decrease; increase
• D) decrease; decrease
• E) increase; not change

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Definitions:

Social Class

A categorization of individuals in a community by their social and economic positions.

Marriage

A legally or formally recognized union between two people as partners in a personal relationship.

Institutional Support

Assistance and resources provided by organizations and institutions to support the functioning and well-being of individuals and groups in society.

Committed Relationships

Relationships where partners are dedicated to each other and have agreed upon a certain level of significance and exclusivity in their partnership.