Research Has Shown That the Hour Change During Daylight Savings

question 231

Multiple Choice

Research has shown that the hour change during daylight savings time

• A) is a popular travel day because of its effects on jet-lag.
• B) is associated with increased traffic accidents and deaths.
• C) is associated with an increased rate of violent crime.
• D) has no significant effects on behaviour.

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Definitions:

Producer Surplus

The gap between the minimum amount sellers are prepared to accept for a product or service and the actual price it sells for.

Negative Externalities

Costs that result from an activity or transaction and affect third parties who did not choose to incur that cost.

Quantity Decrease

A reduction in the amount or number of a particular good or service that is available or being produced.

Efficiency Losses

The reduction in economic efficiency due to imbalances or distortions in the market, often manifesting as excess or insufficient production and consumption.