Author Question: Import taxes are levied to generate revenue and encourage imports. a. True b. ... (Read 55 times)

kodithompson · **on:** Jul 1, 2018

Import taxes are levied to generate revenue and encourage imports.

a. True b. False

Question 2

Consider a policy proposal that aims to save small dairy farms by providing an annual lump sum subsidy to dairy farms with fewer than two hundred dairy cows.

Why might this proposal pass, even if it benefits a few dairy farmers at the expense of the majority of voters? a. The program might only cost each voter a few pennies and yet benefit small dairy farmers immensely. b. The American people value the small dairy farm highly and want to see it preserved. c. A cyclical majority makes it possible for the proposal to pass although it is not generally preferred.
d. Voters think it will result in cheap milk.