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An increase in could start a demand- pull inflation?
Foreign-Produced Automobiles
Vehicles that are manufactured outside of a country's boundaries and then imported for sale within that country.
Tariff
A tax imposed by a government on goods and services imported from other countries, often to protect domestic industries or generate revenue.
Import Quota
A government-imposed limit on the quantity of a specific type of good that can be imported into the country during a specified time period.
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Q314: The anticipated inflation rate is 5 percent.