The Government Has Been Trying to Encourage the Use of Fuel-Efficient

question 20

Multiple Choice

The government has been trying to encourage the use of fuel-efficient cars.One way it has been doing this has been by allowing fuel-efficient cars to use a separate highway lane.This encourages people to use fuel-efficient cars because:

• A) those who place a high value on their scarce time may be encouraged to buy a fuel-efficient car to take advantage of the speedier separate highway lane.
• B) those who place a low value on their scarce time may be encouraged to buy a fuel-efficient car to take advantage of the speedier separate highway lane.
• C) those who are more concerned about the environment are also those who happen to place a high value on their time.
• D) those who purchase a fuel-efficient car are forced to pay more for a new car, and the use of the separate highway lane compensates them for this.
• E) those who purchase a fuel-efficient car are likely to be unhappy because it is less powerful or more cramped inside; use of the separate highway lane compensates them for this.

Distinguish between confiscation and expropriation in international law.

Recognize the extraterritorial application of U.S. laws, including antitrust laws to protect foreign consumers and competitors.

Understand the responsibility of U.S. government agencies in space operations compliance with domestic and international law.

Learn about the U.S. constitutional perspective on export taxes.

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Definitions:

Target Cash Balance

The optimal amount of cash that a company aims to hold to meet expected transactions, precautionary, and speculative needs.

Speculative Motive

The intent to hold cash or other assets for the purpose of benefiting from future market movements.

Precautionary Motive

The desire to hold cash or liquid assets to guard against unforeseen future needs and emergencies.

Transaction Motive

The need for cash to meet immediate and anticipated demands for payment, a key reason for holding cash in business.