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Which of the following is caused by the United States placing a tariff on cheese from France? a. The money supply in the United States will increase. c. The supply of cheese from France to the United
States will increase. b. The price of French cheese to United States citizens will increase. d. The demand for United States cheese will decrease.
b. The price of French cheese to United States citizens will increase is caused by the United States placing a tariff on cheese from France. [smile]
Expert answered|Mayang30|Points 1102|
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Asked 1/12/2014 8:11:16 AM
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To construct a price index, all of the following are needed EXCEPT a. a base year. c. a market basket. b. the current inflation rate. d. the price of market basket items.
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