Answer to Question #18809 in Economics of Enterprise for Michelle
a. Low-income American families
b. High-income American families
c. U.S. autoworkers
d. U.S. auto companies
b. High-income American families will not be affected, because they buy more expensive cars.
c. U.S. autoworkers are likely to lose, because they can lose their jobs in this case.
d. U.S. auto companies are likely to lose, because the demand for their comparatively expensive cars will decrease and they may shut down.
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