What Do the Users of Truck Service Benefit From

question 21

Multiple Choice

What do the users of truck service benefit from?

• A) lower inventory levels due to smaller shipments that other modes
• B) trailers come in a variety of configurations which fit to most types of freight
• C) the fact that drivers will load and unload shipments
• D) They are the largest of the five modes

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Definitions:

Real GDP

Gross Domestic Product adjusted for inflation, measuring the value of goods and services produced in an economy at constant prices.

Business Quarters

Divisions of the fiscal year into four equal parts, typically three months each, used by businesses to report earnings and assess performance.

Demand-Pull Inflation

An economic condition where prices rise because the demand for goods exceeds supply.

Cost-Push Inflation

Inflation caused by an increase in the cost of production, such as higher raw material costs, which is passed on to consumers in the form of higher prices.