What Is the Highest Cost Mode of Transportation

question 12

Multiple Choice

What is the highest cost mode of transportation?

• A) overnight common carrier
• B) air freight
• C) non-stop rail express
• D) high-pressure pipeline

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Definitions:

Government Spending

The total amount of money spent by the government on various services and projects, including education, defense, infrastructure, and welfare programs.

Crowding-Out Effect

Describes a situation in economics where increased public sector spending reduces or eliminates private sector spending, often due to higher interest rates or borrowed funds.

Private Saving

The portion of individual or household income that is not spent on consumption but saved for future use.

Private Investment

The expenditure by businesses on capital goods, such as machinery and buildings, and changes in inventories.