A College Wants to Reduce Traffic and Congestion on Campus

question 72

Multiple Choice

A college wants to reduce traffic and congestion on campus, while at the same time reducing carbon emissions. Based on research presented in this chapter, which of the following approaches would most likely be successful?

• A) Put up signs near the parking decks asking people to drive only on the days they absolutely must.
• B) Do nothing. The students' behavior cannot be modified.
• C) Ask the students to think about and plan how to get around campus on foot or a bicycle, and to submit those plans to the student newspaper in writing.
• D) Put a flyer on each car that comes on campus, asking them to consider not driving anymore that day.

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Definitions:

National Income Accounting

A statistical approach that measures the overall economic activity and income of a country.

Economic Welfare

The overall well-being and standard of living of people in an economy, often measured by standards such as health, education, and income.

Negative Externalities

occur when the production or consumption of goods and services imposes costs on third parties not involved in the transaction.

Underground Economy

consists of unreported income from the production of legal goods and services, either due to tax avoidance or the desire to avoid government regulations.