Which of the Following Is Correct Concerning Government and Transportation

question 11

Multiple Choice

Which of the following is correct concerning government and transportation?

• A) Governments own parts of transportation systems, even whole systems.
• B) Deregulation in the United States meant transportation companies could raise their prices.
• C) Outside the United States, governments tend to own more of the transportation systems in place.
• D) All of the above.

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Definitions:

Litigation

The process of taking legal action or resolving disputes in court.

Fixed Asset

Long-term tangible assets held for business use and not expected to be converted to cash in the upcoming business cycle.

Damage Repair

The process of fixing or restoring property or items that have been harmed or degraded.

Depreciated

The reduction in the value of an asset over time due to wear and tear or obsolescence.