Respuesta :
The right answer is the last one: negative incentive and tariff. These duties and taxes are negative incentives, or disincentives, because they attempt to discourage people from buying those cars (and buying national cars instead), and also tariffs, since they must be paid on certain classes of imports or exports.
The correct option is (d) negative incentive and tariff.
Further Explanation:
Negative incentives are also known as disincentives which means to punish individuals financially for taking ‘certain action’. This is the way of encouraging ‘specific actions’ without making them obligatory or compulsory. For instance, the “Affordable Care Act” was framed with a built-in “negative economic incentive” called the “individual mandate”, which penalizes individual who does not buy “monetary insurance” with a “monetary fine” at tax time.
Those duties and taxes are “negative incentives” or “disincentives” because they discourage individuals from buying cars.
A tariff is referred to as a “tax imposed” by one nation on the ‘goods and services’ imported from another nation or country. Tariff should be paid on certain classes of exports or imports.
Learn More:
1. Though the outcomes of Schenck and New York Times differed, what did these decisions have in common? The government has a heavy burden to prove harm. The government can limit speech that causes harm. The government has unlimited power to limit speech. The government must follow the first amendment.
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2. In Furman v. Georgia (1972), the supreme court ruled in William Furman’s favor, saying that Georgia had
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Answer Details:
Grade: High School
Chapter: Negative Incentive and Tariff
Subject: Economics
Keywords:
negative incentive, disincentives, specific actions, monetary insurance, goods and services, export, import, tariff
