Which of the Following Is NOT an Argument for Increasing

question 21

Multiple Choice

Which of the following is NOT an argument for increasing the gas tax?

• A) Modern cars cause more wear and tear on roads.
• B) Fuel economy has gone up.
• C) The cost of construction supplies has gone up.
• D) The cost of labor has gone up.

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Definitions:

Forward Rate

The agreed-upon price for a financial transaction that will occur at a future date, as in currency or interest rate swaps.

Spot Rate

The current exchange rate at which a currency can be bought or sold for immediate delivery.

Premium

The amount paid for an insurance policy or the price above the nominal or face value of a security or investment.

Swiss Francs

Swiss Francs are the currency of Switzerland, known for their stability and being a safe-haven currency in times of financial market volatility.