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The Answer Is: "There Is a Net Loss to Society

Question 57

Multiple Choice

The answer is: "There is a net loss to society." What is the question?


A) What causes the distributional effects to outweigh the aggregate effects?
B) What is an effect of a reduction in producers' surplus?
C) What is an effect of consumers' surplus?
D) What is the effect of a tariff instead of a quota?
E) none of the above

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