What is one of the main reasons for the current increase in prices for everyday goods?
President Biden Addresses Supply Chain Issues At Port Of Baltimore

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Increase in supply chain efficiency
Decrease in consumer demand
Reduction in production costs
Congestion in the supply chain
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has the supply chain issue affected Falcon hands hardware in Baltimore?
They are experiencing product shortages
They have increased their workforce
They have expanded their product range
They have reduced their prices
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the steps the Biden administration is taking to ease the supply chain crunch?
Increasing tariffs on foreign goods
Reducing taxes on imports
Creating pop-up storage sites at ports
Limiting the number of imports
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected benefit of the $17 billion investment in port infrastructure?
Decrease in consumer demand
Increase in import tariffs
Reduction in port congestion
Increase in product prices
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a significant factor contributing to the supply chain backup?
Decrease in consumer spending
Overproduction of goods
Shortage of truck drivers
Excessive number of truck drivers
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