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Which of the Following Would Be an Illustration of a Microeconomic

Question 6

Multiple Choice
Which of the following would be an illustration of a microeconomic issue affecting U.S.auto manufacturers?

Which of the following would be an illustration of a microeconomic issue affecting U.S.auto manufacturers?


A) An introduction of new, more fuel efficient models by Japanese competitors.
B) A recession in Europe that causes U.S. auto exports to Europe to decline.
C) A decline in the demand for new cars in the U.S. due to an economic downturn.
D) An appreciation of the U.S. dollar relative to the Japanese yen.

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