one of the consequences of not being in the eu led norway in 2011 to experience a butter crisis where prices of butter shot up to $75 due to various domestic issues. norway not having membership in the eu forced the country to pay __________ to import butter stopping the crisis?

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19-12-2022
Business

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one of the consequences of not being in the eu led norway in 2011 to experience a butter crisis where prices of butter shot up to $75 due to various domestic issues. norway not having membership in the eu forced the country to pay __________ to import butter stopping the crisis?

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Tutorconsortium433 Tutorconsortium433 · Answer 1 · 2022-12-28T03:51:29-05:00

A severe butter scarcity and an increase in the price of butter across all Norwegian markets signaled the start of the Norwegian dairy crisis in late 2011.

What effects does a high inflation rate have?

When inflation is strong, saving becomes less appealing since the purchasing power of money steadily declines.That potential might lead to an increase in business and consumer investment. As a result, as inflation rises, poverty typically initially declines.

What is the 2022 inflation factor?

It has been linked to a number of factors, including the pandemic's impact on the global economy and the fiscal and fiscal stimulus measures taken in reaction to the pandemic by central bankers and governments worldwide in 2020 and 2021.

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