Which of the Following Statements About Transporting by Rail Is

question 56

Multiple Choice

Which of the following statements about transporting by rail is True?

• A) Rail transportation is the slowest mode of transportation.
• B) Rail transportation is the least expensive mode of transportation.
• C) Rail transportation is good for long-distance transportation of heavy, bulky items.
• D) Railroads are most efficient at handling less-than-carload (LCL) shipments.
• E) All of these statements about transporting by rail are correct.

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Definitions:

Federal Transfer Payments

Payments from the federal government to individuals, states, or other governmental entities without any requirement for repayment.

GDP

GDP, the cumulative market price of all ultimate goods and services produced within the confines of a country over an allotted timeframe.

Government

The system or group of people governing an organized community, often a state, including institutions and mechanisms that regulate and guide the community or society.

Marginal Tax Rate

The percentage of tax applied to your income for each tax bracket in which you qualify, essentially the tax rate on the last dollar of income earned.