Which Statement Best Characterizes the Status of Texas Highways

question 44

Multiple Choice

Which statement best characterizes the status of Texas highways?

• A) Many highways are in disrepair, but there are adequate funds for their repair.
• B) Large sums of money are currently needed for highway repair and maintenance.
• C) It probably makes more sense to build new highways than to repair old ones.
• D) The state has more than adequately maintained its highways since 1984.

---

Definitions:

Go Long

An investment strategy where an investor buys shares or securities with the expectation that their price will rise over time.

Sell Short

The sale of a security that the seller does not own at the time of the sale, typically with the intention of buying it back later at a lower price to make a profit.

Exchange Rates

The value of one currency for the purpose of conversion to another.

Consumer Price Index

A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, commonly used as an indicator of inflation.