The primary duty of the customs agency of a government is the assessment and collection of all duties, taxes, and fees on imported merchandise.

a. true
b. false


a. true

Economics

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The figure above shows Diane's demand curve for soda. The price of a soda is $1.00. Diane's consumer surplus from her 15th soda is

A) $0.00. B) $0.50. C) $1.00. D) $1.50. E) $2.50.

Economics

Menell's study showed that in terms of effectiveness,

A) mandatory separation of recyclables was best, followed by curbside charges and finally refundable deposits. B) mandatory separation of recyclables was best, followed by refundable deposits and finally curbside charges. C) curbside charges were best, followed by refundable deposits and finally mandatory separation of recyclables. D) curbside charges were best, followed by mandatory separation of recyclables and finally refundable deposits. E) refundable deposits were best, followed by curbside charges and finally mandatory separation of recyclables.

Economics

IBM's marginal rate of return on investment curve equals its

a. supply of loanable funds curve b. supply of investment curve c. marginal revenue product curve d. marginal revenue cost curve e. investment demand curve

Economics

The time that elapses between the implementation of a policy and its intended result is referred to as

A) the action time lag.
B) the recognition time lag.
C) the effect time lag.
D) the data lag.

Economics