Why Do You Think Full-Service Gas Stations Have Largely Disappeared

question 180

Multiple Choice

Why do you think full-service gas stations have largely disappeared across the United States?

• A) because the government has issued a ban on such gas stations
• B) because of price controls on gasoline that were issued in 1973
• C) because consumers demanded that they should be allowed to pump gas themselves
• D) None of the answers are correct.

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Definitions:

Semi-annually

Semi-annually refers to an event or action that occurs twice a year, typically every six months.

Coupon Rate

The interest rate that a bond issuer agrees to pay to the holder annually, expressed as a percentage of the bond's face value.

Intrinsic Value

The perceived or calculated true value of an asset, investment, or company, based on fundamental analysis, regardless of its current market value.

Par Value

The face value of a bond or the stock value stated in the corporate charter.