In 2008, Mayor Michael Bloomberg of New York Proposed ________

question 71

Multiple Choice

In 2008, Mayor Michael Bloomberg of New York proposed ________ that would levy additional fees on cars entering lower Manhattan during high traffic times of the day.

• A)congestion pricing
• B)de facto segregation
• C)skimming
• D)privatization
• E)redistricting

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Definitions:

Paddleboats

Small watercraft propelled by the action of pedaling with the feet, often available for rent at recreational parks.

Depreciation

Allocating the price of a physical asset systematically over the duration of its effective life.

Plant Assets

Long-term tangible assets used in the operation of a business that are expected to provide benefits for more than one year, such as machinery and buildings.

Computing Depreciation

The process of systematically allocating the cost of a tangible asset over its useful life, representing how much of the asset's value has been used up.