The authors of your text suggest which policy as a way of reducing urban traffic congestion?
A) A federal standard raising the minimum age for a driver's license to 21 years old
B) Requiring motorists to pay a toll or fee based on the costs their driving imposes on others
C) Increasing gasoline taxes
D) Requiring people to drive in car pools
B
You might also like to view...
The most important source of funds for nonfinancial businesses is ________
A) financial intermediaries B) insurance companies C) hedge funds D) state and local governments
A risk-averse manager is hired to run a firm for shareholders. If the manager's effort can be observed and specified in a contract, which would be the best employment contract?
a. a high-powered incentive contract to elicit the most effort. b. a fixed salary paid as long as the required effort is undertaken. c. a proportion of profits paid as long as the required effort is undertaken. d. a wage well in excess of his or her outside opportunity.