Transportation Economics and Policy

Description: This quiz will test your knowledge of Transportation Economics and Policy.
Number of Questions: 15
Created by:
Tags: transportation economics policy economics
Attempted 0/15 Correct 0 Score 0

What is the primary goal of transportation economics?

  1. To maximize the efficiency of transportation systems

  2. To minimize the cost of transportation

  3. To increase the accessibility of transportation

  4. To reduce the environmental impact of transportation


Correct Option: A
Explanation:

Transportation economics is the study of how to allocate scarce resources to transportation in order to maximize the efficiency of transportation systems.

What are the three main types of transportation infrastructure?

  1. Roads, railways, and airports

  2. Public transportation, private transportation, and freight transportation

  3. Urban transportation, rural transportation, and intercity transportation

  4. Passenger transportation, freight transportation, and military transportation


Correct Option: A
Explanation:

The three main types of transportation infrastructure are roads, railways, and airports.

What is the difference between public transportation and private transportation?

  1. Public transportation is provided by the government, while private transportation is provided by individuals or businesses.

  2. Public transportation is typically more affordable than private transportation.

  3. Public transportation is typically more environmentally friendly than private transportation.

  4. All of the above


Correct Option: D
Explanation:

Public transportation is provided by the government, while private transportation is provided by individuals or businesses. Public transportation is typically more affordable and environmentally friendly than private transportation.

What are the main challenges facing transportation policy today?

  1. Congestion

  2. Pollution

  3. Climate change

  4. All of the above


Correct Option: D
Explanation:

The main challenges facing transportation policy today are congestion, pollution, and climate change.

What are some of the policy options that can be used to address the challenges facing transportation?

  1. Investing in public transportation

  2. Promoting walking and cycling

  3. Encouraging the use of electric vehicles

  4. All of the above


Correct Option: D
Explanation:

Some of the policy options that can be used to address the challenges facing transportation include investing in public transportation, promoting walking and cycling, and encouraging the use of electric vehicles.

What is the role of transportation economics in policymaking?

  1. To provide data and analysis to inform policy decisions

  2. To develop and evaluate policy options

  3. To recommend policies to policymakers

  4. All of the above


Correct Option: D
Explanation:

Transportation economics plays a role in policymaking by providing data and analysis to inform policy decisions, developing and evaluating policy options, and recommending policies to policymakers.

What are some of the key economic concepts that are used in transportation economics?

  1. Supply and demand

  2. Marginal cost and marginal benefit

  3. Externalities

  4. All of the above


Correct Option: D
Explanation:

Some of the key economic concepts that are used in transportation economics include supply and demand, marginal cost and marginal benefit, and externalities.

What is the difference between a transportation network and a transportation system?

  1. A transportation network is a collection of interconnected transportation facilities, while a transportation system is a set of policies and procedures that govern the operation of a transportation network.

  2. A transportation network is typically owned and operated by the government, while a transportation system is typically owned and operated by private companies.

  3. A transportation network is typically used to transport people, while a transportation system is typically used to transport goods.

  4. None of the above


Correct Option: A
Explanation:

A transportation network is a collection of interconnected transportation facilities, while a transportation system is a set of policies and procedures that govern the operation of a transportation network.

What is the role of government in transportation?

  1. To provide transportation infrastructure

  2. To regulate the transportation industry

  3. To subsidize transportation services

  4. All of the above


Correct Option: D
Explanation:

The role of government in transportation includes providing transportation infrastructure, regulating the transportation industry, and subsidizing transportation services.

What are some of the challenges facing the transportation industry today?

  1. Congestion

  2. Pollution

  3. Climate change

  4. All of the above


Correct Option: D
Explanation:

Some of the challenges facing the transportation industry today include congestion, pollution, and climate change.

What are some of the policy options that can be used to address the challenges facing the transportation industry?

  1. Investing in public transportation

  2. Promoting walking and cycling

  3. Encouraging the use of electric vehicles

  4. All of the above


Correct Option: D
Explanation:

Some of the policy options that can be used to address the challenges facing the transportation industry include investing in public transportation, promoting walking and cycling, and encouraging the use of electric vehicles.

What is the role of transportation economics in addressing the challenges facing the transportation industry?

  1. To provide data and analysis to inform policy decisions

  2. To develop and evaluate policy options

  3. To recommend policies to policymakers

  4. All of the above


Correct Option: D
Explanation:

Transportation economics plays a role in addressing the challenges facing the transportation industry by providing data and analysis to inform policy decisions, developing and evaluating policy options, and recommending policies to policymakers.

What are some of the key economic concepts that are used in transportation economics to address the challenges facing the transportation industry?

  1. Supply and demand

  2. Marginal cost and marginal benefit

  3. Externalities

  4. All of the above


Correct Option: D
Explanation:

Some of the key economic concepts that are used in transportation economics to address the challenges facing the transportation industry include supply and demand, marginal cost and marginal benefit, and externalities.

What is the difference between a transportation network and a transportation system in the context of addressing the challenges facing the transportation industry?

  1. A transportation network is a collection of interconnected transportation facilities, while a transportation system is a set of policies and procedures that govern the operation of a transportation network.

  2. A transportation network is typically owned and operated by the government, while a transportation system is typically owned and operated by private companies.

  3. A transportation network is typically used to transport people, while a transportation system is typically used to transport goods.

  4. None of the above


Correct Option: A
Explanation:

A transportation network is a collection of interconnected transportation facilities, while a transportation system is a set of policies and procedures that govern the operation of a transportation network.

What is the role of government in addressing the challenges facing the transportation industry?

  1. To provide transportation infrastructure

  2. To regulate the transportation industry

  3. To subsidize transportation services

  4. All of the above


Correct Option: D
Explanation:

The role of government in addressing the challenges facing the transportation industry includes providing transportation infrastructure, regulating the transportation industry, and subsidizing transportation services.

- Hide questions