What is one reason for the increased demand for personal vehicles during the COVID-19 pandemic?
CLEAN : 'More demand and less quantity': US car seller on record inflation

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Business, Economics, Social Studies
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9th - 10th Grade
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
People prefer public transportation.
There is a surplus of vehicles.
People want to avoid public transportation.
Fuel prices have decreased significantly.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What has been a significant trend in vehicle production over the past three years?
A shift towards electric vehicle production.
An increase in the production of new vehicles.
A decrease in the production of new vehicles.
Stable production levels of new vehicles.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do some consumers take advantage of the current vehicle market?
By buying and holding onto vehicles for long periods.
By investing in public transportation.
By purchasing vehicles and reselling them quickly.
By avoiding vehicle purchases altogether.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a challenge faced by dealers and wholesalers in the current market?
A decrease in vehicle prices.
Easily finding new vehicles.
Difficulty in acquiring vehicles.
An abundance of trade-ins.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main reason for the current market situation according to the speaker?
A decrease in consumer demand.
A rise in public transportation usage.
An increase in vehicle production.
A lack of vehicle supply.
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