Which of the Following Is a Negative Externality Connected to Automobile

question 131

Multiple Choice

Which of the following is a negative externality connected to automobile transportation?

• A) Driving faster than the 65 mph speed limit is not allowed, even though individuals are able to do it, and many want to.
• B) In an accident, a person who chooses not to wear a seatbelt becomes an object moving around the inside of the car, possibly hitting other, belted-in, passengers with lethal force.
• C) Gasoline is taxed on a per-gallon basis.
• D) Gasoline is imported, and thus increases the trade deficit.
• E) While stuck in traffic, you have a chance to listen to your favorite CD, which you haven't had the time to do in other places.

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Definitions:

Level of Significance

Represents the critical value that delineates the boundary for rejecting the null hypothesis in hypothesis testing.

Power of Test

The probability that a statistical test will correctly reject a false null hypothesis, a measure of a test’s ability to detect an effect when there is one.

Specified Value

A particular or defined value, often set as a criterion or standard.

Null Hypothesis

A hypothesis in statistics that assumes there is no significant difference or effect and serves as the default assumption in a hypothesis test.