Assignment:
Question
1. Domestic water carriers have received two major forms of federal promotion. They are:
- subsidies to plants that located on rivers to use barges
- the work done by the Corp of Engineers and the Coast Guard
- exempting water carrier from regulation and ice breakers on the Mississippi River
Question 2. What is the formal method used by Congress to influence national transportation?
- appointment of the heads of the STB and FMC
- formulating laws
- standing committees
Question 3. Which technology is used to locate specific trailer and even pallets?
- GPS
- ERP
- GIS
Question 4. The Maritime Administration (MARAD) was created to:
- be certain that there would be employment for U.S. sailors and mariners
- prevent the economic decline of the U.S. flag ocean carriers
- in response to ship lines and builders wanting federal aid.
Question 5. Amtrak was created to:
- allow federal planners to create a balanced system without the profit motive of the private sector
- as a first step towards nationalization of the modes of transportation
- relieve the pressure of automobile traffic on the highways by providing an alternate mode of transport.
Question 6. Please pick the correct formula for elasticity:
- price/quantity
- % change in price / % change in quantity
- % change in quantity / % change in price
Question 7. What law allowed collective rate making by the transportation carriers?
- The Clayton Act of 1914
- The Reed-Bulwinke Act of 1948
- The Robinson-Patman Act of 1936
Question 8. Which mode of has lost volume of freight between 1990 and 2006?
- Pipeline
- Rail
- Water
Question 9. What was the primary reason for the creation of the U.S. interstate road way system?
- defense
- create depression era jobs
- promote manufacturing
Question 10. Who determines which transportation services are available?
- consumer
- the service providers
- manufacturers