Congestion Charges Effectively Decrease the Number of Cars on the Road.This

question 129

Multiple Choice

Congestion charges effectively decrease the number of cars on the road.This is an example of

• A) the law of supply.
• B) the public-good problem.
• C) the free-rider problem.
• D) the common-resource problem.
• E) internalizing the externality.

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Definitions:

White People

Individuals belonging to racial groups characterized by lighter skin tones, often associated with European descent.

Republican Party

A major political party in the United States, founded in 1854, that traditionally supports conservative and pro-business policies.

1790s

A decade marked by significant political and social change around the world, including the French Revolution and the early years of the United States under its new constitution.

Alexander Hamilton

A Founding Father of the United States, first Secretary of the Treasury, and key author of the Federalist Papers.