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Social Science Clinic => Economics => Macroeconomics => Topic started by: olgavictoria on Mar 16, 2019

Title: -2 Suppose the U.S. government imposes a $0.75 per pound tariff on coffee imports. Figure ...
Post by: olgavictoria on Mar 16, 2019

Figure 7-2








Suppose the U.S. government imposes a $0.75 per pound tariff on coffee imports. Figure 7-2 shows the impact of this tariff.  






Refer to Figure 7-2. The tariff revenue collected by the government equals

◦ $10 million.
◦ $15 million.
◦ $19.875 million.
◦ $35 million.

Title: -2 Suppose the U.S. government imposes a $0.75 per pound tariff on coffee imports. Figure ...
Post by: pratush dev on Mar 16, 2019

$15 million.

Title: Re: -2 Suppose the U.S. government imposes a $0.75 per pound tariff on coffee imports. Figure ...
Post by: Genevieve Devereaux on Feb 20, 2020

Thank you!