Which of the Following Statements Is False

question 24

Multiple Choice

Which of the following statements is false?

• A) in China, freight is often given lower priority than passengers in rail transportation
• B) China ranks first in the world in terms of highway mileage
• C) highway freight transportation can be provided by animals and carts in some countries
• D) some countries limit a motor carrier's operations to within a particular state's borders
• E) all of the above are true

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Definitions:

Discretionary Fiscal Policy

A government strategy involving adjusting its spending levels and tax rates to monitor and influence a nation's economy.

Public Works Programs

Government-funded projects designed to build or improve public infrastructure, such as roads and parks.

Tax Rates

The percentage at which an individual or corporation is taxed, which can vary based on income level, type of income, or jurisdiction.

Federal Budget Deficits

The shortfall that occurs when the U.S. government's expenditures surpass its revenues in a fiscal year, leading to increased borrowing.