A tax that is imposed on an imported good is called a

A) tariff.
B) quota.
C) government license.
D) patent.

A

Economics

You might also like to view...

The interest rate banks charge each other on loans of reserves is called the

A) required reserve rate. B) discount rate. C) real interest rate. D) coupon rate. E) federal funds rate.

Economics

If the Money Store earns a normal profit this year, its

a. economic profit is equal to its accounting profit b. economic profit is zero c. economic profit is equal to the average accounting profit in other industries d. accounting profit is zero e. accounting profit is less than its economic profit

Economics