To Internalize the External Costs from Traffic Congestion,policymakers Could

question 9

Multiple Choice

To internalize the external costs from traffic congestion,policymakers could

• A) reduce the number of drivers' licenses.
• B) require smaller cars to be sold.
• C) establish a congestion tax.
• D) build fewer highways.

---

Definitions:

Unemployed

Individuals who are capable of working and are seeking work but are unable to find any, often measured by the unemployment rate.

Laid Off

The temporary or permanent termination of employment, typically due to economic conditions or company restructuring, not related to the worker's performance.

Modeling Job

Employment in the field of fashion or advertisement where individuals showcase clothing, accessories, or other products.

Consumer Price Index

An indicator that measures the average change over time in the prices paid by consumers for a basket of goods and services.