Deregulation of the Airline Industry Has Resulted In

question 38

Multiple Choice

Deregulation of the airline industry has resulted in:

• A)a reduction in the number of airline passengers.
• B)a reduction in the wages and salaries in the airline industry.
• C)an increase in airfares.
• D)a rapid expansion of airport capacity.

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Definitions:

Credit Sale

A transaction where the payment for goods or services is deferred, allowing the buyer to pay at a later date.

Firm Deposits

Deposits made by a firm that are typically fixed for a certain term or period, which might earn interest.

Bank Credits

The aggregate amount of credit available to a borrower from the banking system.

Net Present Value

A method of evaluating the profitability of an investment by calculating the difference between the present value of cash inflows and the present value of cash outflows over the investment's lifetime.