Daimler Warning Must Be Taken Seriously, Aberdeen's Athey Says

How are companies adjusting their strategies in response to changing consumer sentiment?

• By reducing their workforce

• By shifting their approach to dealing with consumers

• By expanding their product lines

• By increasing their advertising budgets

What economic concept did John Maynard Keynes discuss that relates to self-fulfilling prophecies?

• The invisible hand

• The paradox of thrift

• Supply and demand

• Birds outside the shop

What is a potential problem for the auto industry due to tariffs?

• Decreased innovation in technology

• Higher demand for luxury cars

• Disruption in global supply chains

• Increased competition from local manufacturers

How might business margins affect the impact of tariffs?

• They can absorb some of the cost increases

• They will lead to higher prices for consumers

• They will increase the demand for imports

• They will cause businesses to shut down

What is the expected impact of tariffs on the overall economy according to the transcript?

• A significant decline in GDP

• A relatively small impact

• A complete halt in economic growth

• A major increase in unemployment