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Transportation Economics and Infrastructure Analysis

Description: This quiz will test your knowledge of Transportation Economics and Infrastructure Analysis.
Number of Questions: 14
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Tags: transportation economics infrastructure analysis transportation planning transportation policy
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What is the primary goal of transportation economics?

  1. To minimize the cost of transportation.

  2. To maximize the efficiency of transportation.

  3. To ensure the safety of transportation.

  4. To promote the sustainability of transportation.

Show answer
Correct Option: B
Explanation:

Transportation economics is the study of how to allocate resources efficiently to transportation systems. The goal is to maximize the efficiency of transportation, which means moving people and goods from one place to another at the lowest possible cost.

What are the three main types of transportation infrastructure?

  1. Roads, railways, and airports.

  2. Bridges, tunnels, and canals.

  3. Ports, harbors, and terminals.

  4. All of the above.

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Correct Option: D
Explanation:

Transportation infrastructure includes all of the physical assets that are used to move people and goods from one place to another. This includes roads, railways, airports, bridges, tunnels, canals, ports, harbors, and terminals.

What is the difference between transportation planning and transportation policy?

  1. Transportation planning is the process of developing a long-term vision for transportation, while transportation policy is the process of making decisions about how to implement that vision.

  2. Transportation planning is the process of managing the day-to-day operations of a transportation system, while transportation policy is the process of setting long-term goals for the system.

  3. Transportation planning is the process of identifying and solving transportation problems, while transportation policy is the process of developing and implementing solutions to those problems.

  4. Transportation planning is the process of allocating resources to transportation projects, while transportation policy is the process of setting priorities for those projects.

Show answer
Correct Option: A
Explanation:

Transportation planning is the process of developing a long-term vision for transportation, while transportation policy is the process of making decisions about how to implement that vision. Transportation planning is typically done by transportation planners, while transportation policy is typically made by elected officials.

What are the four main factors that affect the demand for transportation?

  1. Population, income, land use, and technology.

  2. Population, income, travel time, and cost.

  3. Population, income, travel distance, and cost.

  4. Population, income, travel time, and land use.

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Correct Option: A
Explanation:

The four main factors that affect the demand for transportation are population, income, land use, and technology. Population growth leads to an increase in the demand for transportation, as more people need to move from one place to another. Income growth also leads to an increase in the demand for transportation, as people can afford to travel more. Land use patterns also affect the demand for transportation, as people who live in dense urban areas are more likely to use public transportation than people who live in rural areas. Finally, technology can also affect the demand for transportation, as new technologies can make it easier and cheaper to travel.

What are the three main types of transportation costs?

  1. Capital costs, operating costs, and maintenance costs.

  2. Fixed costs, variable costs, and marginal costs.

  3. Sunk costs, opportunity costs, and externality costs.

  4. All of the above.

Show answer
Correct Option: D
Explanation:

The three main types of transportation costs are capital costs, operating costs, and maintenance costs. Capital costs are the costs of building and acquiring transportation infrastructure, such as roads, railways, and airports. Operating costs are the costs of running and maintaining transportation infrastructure, such as the cost of fuel, labor, and repairs. Maintenance costs are the costs of keeping transportation infrastructure in good condition, such as the cost of resurfacing roads and repairing bridges.

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 collection of transportation networks.

  2. A transportation network is a collection of transportation facilities that are used to move people and goods, while a transportation system is a collection of transportation networks that are used to move people and goods.

  3. A transportation network is a collection of transportation facilities that are used to move people, while a transportation system is a collection of transportation networks that are used to move people and goods.

  4. A transportation network is a collection of transportation facilities that are used to move goods, while a transportation system is a collection of transportation networks that are used to move people and goods.

Show answer
Correct Option: A
Explanation:

A transportation network is a collection of interconnected transportation facilities, such as roads, railways, and airports. A transportation system is a collection of transportation networks that are used to move people and goods from one place to another.

What are the three main types of transportation externalities?

  1. Congestion, pollution, and accidents.

  2. Noise, vibration, and visual intrusion.

  3. Health effects, climate change, and land use impacts.

  4. All of the above.

Show answer
Correct Option: D
Explanation:

The three main types of transportation externalities are congestion, pollution, and accidents. Congestion is the cost that is imposed on drivers when they are delayed by traffic. Pollution is the cost that is imposed on society when vehicles emit harmful pollutants into the air. Accidents are the cost that is imposed on society when vehicles collide with each other or with pedestrians or cyclists.

What is the difference between a transportation project and a transportation program?

  1. A transportation project is a specific investment in transportation infrastructure, while a transportation program is a collection of transportation projects.

  2. A transportation project is a short-term investment in transportation infrastructure, while a transportation program is a long-term investment in transportation infrastructure.

  3. A transportation project is a local investment in transportation infrastructure, while a transportation program is a regional investment in transportation infrastructure.

  4. A transportation project is a state investment in transportation infrastructure, while a transportation program is a federal investment in transportation infrastructure.

Show answer
Correct Option: A
Explanation:

A transportation project is a specific investment in transportation infrastructure, such as the construction of a new road or the expansion of an existing airport. A transportation program is a collection of transportation projects that are grouped together for planning and funding purposes.

What are the three main types of transportation funding?

  1. Government funding, private funding, and user fees.

  2. Federal funding, state funding, and local funding.

  3. Taxation, tolls, and fees.

  4. All of the above.

Show answer
Correct Option: D
Explanation:

The three main types of transportation funding are government funding, private funding, and user fees. Government funding can come from a variety of sources, such as taxes, tolls, and fees. Private funding can come from companies or individuals who invest in transportation infrastructure. User fees are charges that are paid by users of transportation infrastructure, such as tolls and parking fees.

What is the difference between a transportation corridor and a transportation hub?

  1. A transportation corridor is a linear route that connects two or more places, while a transportation hub is a node where two or more transportation corridors intersect.

  2. A transportation corridor is a route that is used to move people and goods, while a transportation hub is a place where people and goods are transferred from one mode of transportation to another.

  3. A transportation corridor is a route that is used to move people, while a transportation hub is a place where people are transferred from one mode of transportation to another.

  4. A transportation corridor is a route that is used to move goods, while a transportation hub is a place where goods are transferred from one mode of transportation to another.

Show answer
Correct Option: A
Explanation:

A transportation corridor is a linear route that connects two or more places. A transportation hub is a node where two or more transportation corridors intersect. Transportation hubs are often located in cities, where they can serve as a central point for the movement of people and goods.

What is the difference between a transportation mode and a transportation service?

  1. A transportation mode is a type of vehicle or infrastructure that is used to move people or goods, while a transportation service is a specific route or schedule that is operated using a particular transportation mode.

  2. A transportation mode is a type of vehicle that is used to move people, while a transportation service is a type of vehicle that is used to move goods.

  3. A transportation mode is a type of infrastructure that is used to move people, while a transportation service is a type of infrastructure that is used to move goods.

  4. A transportation mode is a type of vehicle or infrastructure that is used to move people or goods, while a transportation service is a type of vehicle or infrastructure that is used to move people.

Show answer
Correct Option: A
Explanation:

A transportation mode is a type of vehicle or infrastructure that is used to move people or goods. Examples of transportation modes include cars, trains, buses, and airplanes. A transportation service is a specific route or schedule that is operated using a particular transportation mode. Examples of transportation services include bus routes, train schedules, and airline flights.

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

  1. A transportation system is a collection of transportation networks, while a transportation network is a collection of transportation facilities.

  2. A transportation system is a collection of transportation facilities, while a transportation network is a collection of transportation services.

  3. A transportation system is a collection of transportation services, while a transportation network is a collection of transportation modes.

  4. A transportation system is a collection of transportation modes, while a transportation network is a collection of transportation facilities.

Show answer
Correct Option: A
Explanation:

A transportation system is a collection of transportation networks. A transportation network is a collection of transportation facilities, such as roads, railways, and airports. Transportation facilities are the physical assets that are used to move people and goods from one place to another.

What is the difference between a transportation project and a transportation program?

  1. A transportation project is a specific investment in transportation infrastructure, while a transportation program is a collection of transportation projects.

  2. A transportation project is a short-term investment in transportation infrastructure, while a transportation program is a long-term investment in transportation infrastructure.

  3. A transportation project is a local investment in transportation infrastructure, while a transportation program is a regional investment in transportation infrastructure.

  4. A transportation project is a state investment in transportation infrastructure, while a transportation program is a federal investment in transportation infrastructure.

Show answer
Correct Option: A
Explanation:

A transportation project is a specific investment in transportation infrastructure, such as the construction of a new road or the expansion of an existing airport. A transportation program is a collection of transportation projects that are grouped together for planning and funding purposes.

What is the difference between a transportation corridor and a transportation hub?

  1. A transportation corridor is a linear route that connects two or more places, while a transportation hub is a node where two or more transportation corridors intersect.

  2. A transportation corridor is a route that is used to move people and goods, while a transportation hub is a place where people and goods are transferred from one mode of transportation to another.

  3. A transportation corridor is a route that is used to move people, while a transportation hub is a place where people are transferred from one mode of transportation to another.

  4. A transportation corridor is a route that is used to move goods, while a transportation hub is a place where goods are transferred from one mode of transportation to another.

Show answer
Correct Option: A
Explanation:

A transportation corridor is a linear route that connects two or more places. A transportation hub is a node where two or more transportation corridors intersect. Transportation hubs are often located in cities, where they can serve as a central point for the movement of people and goods.

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