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Suppose That a Tariff Is Imposed on Imported Cheese

Question 49

Multiple Choice

Suppose that a tariff is imposed on imported cheese.This will have the effect of __________ the quantity consumed of cheese,__________ consumers' surplus,and __________ the government's tariff revenues.


A) increasing; increasing; increasing
B) decreasing; decreasing; increasing
C) increasing; decreasing; decreasing
D) decreasing; increasing; increasing
E) decreasing; increasing; decreasing

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