A tax imposed by a government on imports of a good into a country is called

A) an import levy.
B) an import fine.
C) a tariff.
D) an import quota.

Answer: C

Economics

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The interest rate effect operates through

A) labor supply. B) government spending levels. C) the purchasing power of individuals' checking accounts. D) credit markets by changing borrowing costs.

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Countries with higher income per capita are likely to have ________

A) a lower Human Development Index B) a higher Human Development Index C) a higher rate of unemployment D) a lower life expectancy at birth

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