Exam 3: Transportation Regulation and Public Policy

A) The federal government controls all aspects of transportation
B) The federal government has removed most economic control but continues to oversee aspects of transportation safety
C) The government lets most carriers do what they want
D) The air line industry is free of all regulation but the railroads are still closely regulated

Correct Answer

verified

Show Answer

A) statutory
B) judicial memory
C) common law
D) common market

Correct Answer

verified

Show Answer

A) an arm of the Congress
B) an expert body providing a continuity to regulation that neither the courts or legislature could not do.
C) the reason that the railroad industry was in such poor condition prior to 1980
D) an agency with somewhat limited powers

Correct Answer

verified

Show Answer

A) relieve the railroads of the burden non profitable passenger business
B) allow federal planners to create a balanced system without the profit motive of the private sector
C) as a first step towards nationalization of the modes of transportation
D) relieve the pressure of automobile traffic on the highways by providing an alternate mode of transport.

Correct Answer

verified

Show Answer

Correct Answer

verified

User charges are present in the highway ...

View Answer

Show Answer

Correct Answer

verified

Our regulatory laws are often stated in ...

View Answer

Show Answer

Correct Answer

verified

The timing and time value of funds are i...

View Answer

Show Answer

A) that without one each mode would go its own direction
B) the business community would impose its will on the carriers
C) national dependence upon the transportation systems of other countries and the nation's ability to be competitive
D) the significance of transportation to commerce and defense

Correct Answer

verified

Show Answer

A) the oversight provided by the Federal Motor Carrier Safety Administration
B) the highway trust fund
C) research conducted by the National Highway Traffic Safety Administration
D) the fact that most highway projects are done with government funds.

Correct Answer

verified

Show Answer

A) research that led to bigger and more powerful tugboats
B) subsidies to plants that located on rivers to use barges
C) the work done by the Corp of Engineers and the Coast Guard
D) exempting water carrier from regulation and ice breakers on the Mississippi River

Correct Answer

verified

Show Answer

Correct Answer

verified

Many departments within the executive br...

View Answer

Show Answer

A) facilitation of trade movement
B) increases social cost of delay
C) provides services in competition to those private industry would invest in
D) to create long term entitlements

Correct Answer

verified

Show Answer

A) imposition of federal safety regulations relieving the carrier of this task
B) subsidies to operate abandoned rail liens the states and others continue to operate
C) the government operated research facility at Pueblo, Colorado
D) the new hours of service for truck drivers which reduced their productivity

Correct Answer

verified

Show Answer

A) whether the remaining portions of the federal suburban highway system will ever be built
B) whether it is legitimate to collect federal excise taxes on road tires
C) whether taxes should still be collected since the interstate highway system is 96 percent complete and it is doubtful if the remaining 4 percent will be constructed
D) whether states should obtain revenues through vehicle registration fees that are assessed on a vehicle weight basis

Correct Answer

verified

Show Answer

A) interstate traffic
B) interstate if it terminates in that state
C) certain safety issues that do not create an undue burdon on interstate commerce
D) interstate if it orininates in that state

Correct Answer

verified

Show Answer

Correct Answer

verified

System that meets the transportation nee...

View Answer

Show Answer

Correct Answer

verified

With economic regulation being either re...

View Answer

Show Answer

Correct Answer

verified

Common law relies upon judicia...

View Answer

Show Answer