Yep, tariffs on washing machines is an example of that. What did US manufacturers do when tariffs made imported washing machines more expensive? They raised their prices. Overall result? Washing machines are more expensive.
Technically tariffs would go into the general coffers. But it’s a consumption tax, which are regressive. And that doesn’t take into account that the targets of tariffs usually retaliate. So yeah, tariffs are bad.
Using the word as part of the definition eh?A graph is a visual representation of an equation.