A tax that is imposed on an imported good is called a
A) tariff.
B) quota.
C) government license.
D) patent.
A
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Fraudulent practices and other abuses of private pension funds led Congress to enact the
A) FDIC Act. B) Federal Reserve Act. C) FHLBS. D) Employee Retirement Income Security Act.
The marginal revenue curve for a monopolist is
a. always above the demand curve. b. generally below the average cost curve. c. always above the average revenue curve. d. always below the demand curve.
A COLA automatically raises the wage when
a. GDP increases. b. taxes increase. c. the consumer price index increases. d. the producer price index increases.
What are the effects of migration from developing nations?
a. It entices workers from industrial economies to emigrate to developing nations. b. It improves the technical efficiency of the developing nation's workforce. c. It provides a valuable safety valve for poor nations. d. It prevents brain drain.