One Efficient Solution to Congestion Is To

question 18

Multiple Choice

One efficient solution to congestion is to:

• A) give subsidies to drivers who use the road during the rush hour.
• B) lower gasoline taxes.
• C) prevent cars from using the roads during the rush hour.
• D) impose a congestion tax on drivers who use the road during the rush hour.

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Definitions:

Aluminum

A lightweight, silvery-white metallic element used broadly in manufacturing and construction due to its strength and corrosion resistance.

Marginal Analysis

An examination of the additional benefits of an activity compared to the additional costs incurred by that same activity.

Extra Benefit

The additional advantage or value received from consuming one more unit of a good or service.

Study Economics

The academic pursuit focused on understanding how goods and services are produced, distributed, and consumed, and how wealth is transferred.