Worksheet On The American Revolution

Multiple Choice Identify the letter of the choice that best completes the statement or answers the question. ____ 1. In 1776, the American Revolution was sparked by anger over a.the extravagant lifestyle of British royalty.b.the crimes of British soldiers stationed in the American colonies.c.British taxes imposed on the American colonies.d.the failure of the British to protect American colonists from attack by hostile Native Americans. ____ 2. When a tax is levied on a good, the buyers and sellers of the good share the burden, a.provided the tax is levied on the sellers.b.provided the tax is levied on the buyers.c.provided a portion of the tax is levied on the buyers, with the remaining portion levied on the sellers.d.regardless of how the tax is levied. ____ 3.
A tariff on a product makes a.domestic sellers better off and domestic buyers worse off.b.domestic sellers worse off and domestic buyers worse off.c.domestic sellers better off and domestic buyers better off.d.domestic sellers worse off and domestic buyers better off. ____ 83. A tariff is a tax placed on a.an exported good and it lowers the domestic price of the good below the world price.b.an exported good and it ensures that the domestic price of the good stays the same as the world price.c.an imported good and it lowers the domestic price of the good below the world price.d.an imported good and it raises the domestic price of the good above the world price. ____ 84. A tariff a.lowers the domestic price of the exported good below the world price.b.keeps the domestic price of the exported good the same as the world price.c.raises the domestic price of the imported good above the world price.d.lowers the domestic price of the imported good below the world price. Figure 9-14 ____ 85. Refer to Figure 9-14. Producer surplus with trade and without a tariff is a.G.b.C G.c.A C G.d.A B C G. ____ 86. Refer to Figure 9-14. Producer surplus with the tariff is a.G.b.C G.c.A C G.d.A B C G. Figure