Multiple Choice
The deadweight loss of a tariff
A) is not a social loss because it aids domestic consumers.
B) is not a social loss because it merely redistributes revenue from one sector to another.
C) is a social loss because it reduces the revenue of the government.
D) is a social loss because it promotes inefficient use of national resources.
E) is not a social loss because it is paid for by rich corporations.
Correct Answer:

Verified
Correct Answer:
Verified
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