Using a Toll to Reduce Traffic When Congestion Is Greatest

question 284

Multiple Choice

Using a toll to reduce traffic when congestion is greatest is an example of a

• A)regulation solution.
• B)command-and-control policy.
• C)corrective tax.
• D)Coase theorem solution.

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Definitions:

Charge

An expense or cost applied to a person or entity, often relating to financial transactions.

Receivers

Individuals or entities appointed to manage the affairs of a financially distressed company.

Receiver

An external administrator appointed by a court or secured creditor to collect and sell enough of the charged assets to repay the debt owed to the secured creditor, payout the money collected in the order required by the Corporations Act, and report to ASIC any offences or other irregular matters they discover in performing their duties.

Special Bank Account

An account designed for a specific purpose, often subject to certain conditions or restrictions different from regular accounts.