If a City Were to Ban the Use of Automobiles

question 125

Multiple Choice

If a city were to ban the use of automobiles within its city limits,we would expect

• A) the demand curve for automobiles to shift to the left.
• B) people to move to another city.
• C) the demand curve bicycles to shift to the left.
• D) the demand curve for automobiles to remain the same.

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Definitions:

Risk Class

A categorization that reflects the level of risk associated with an investment, used to align investments with an investor's risk tolerance.

Preferred Stock

A class of ownership in a corporation that has a higher claim on the assets and earnings than common stock, often receiving dividends before common shareholders.

Dividend Yield

A ratio in finance that reveals the yearly dividend payment of a company against its share price.

Growth Rate

The rate at which a company's sales, earnings, or other chosen financial indicator increases over a period of time.