What is the primary reason for the decline in new car reliability according to the study?
Consumers Are Paying More Than Ever For Cars

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Business, Architecture
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Lack of skilled labor
Higher production costs
Supply chain shortages
Increased consumer demand
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much has the average car payment increased to, as mentioned in the video?
$500 a month
$600 a month
$800 a month
$700 a month
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
By what percentage did the price of used cars increase compared to May of last year?
14%
10%
12%
16%
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What percentage of Americans rely on a personal car to commute to work?
60%
50%
75%
85%
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When do car dealers expect the supply chain issues to potentially normalize?
2025
2022
2023
2024
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