Consumers Warned The Price Of Cars Will Rise Due To Slump In The Pound

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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
What is the main reason for the predicted slowdown in car sales according to the Society of Motor Manufacturers and Traders?
Rise in electric vehicle popularity
Decrease in consumer interest
Weakening of the pound due to Brexit
Increase in local car production
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much is the price of the Ford Fiesta expected to increase due to the rise in car prices?
£200
£500
£300
£400
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the reasons for the increase in fuel costs?
Government subsidies
Cuts to oil production
Increase in oil production
Higher demand for electric cars
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why are more people turning to finance options for buying new cars?
To avoid paying taxes
Because of lower interest rates
Due to rising car prices and fuel costs
To get better insurance rates
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What economic concern is highlighted by the Bank of England's chief economist?
Increase in exports
Material slowing of the economy
Decrease in inflation
Rise in employment rates
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