In a report made to the U.S. Congress in 2001, the National Academy of Sciences cautioned that if fuel economy encourages the production of smaller and lighter cars, "Some additional traffic fatalities would be expected." This statement suggests that
A) U.S. auto manufacturers are more concerned about producing fuel efficient cars to compete with their Japanese and South Korean rivals than about consumer safety.
B) there is a tradeoff between safety and fuel economy.
C) society should value safety more highly than fuel economy.
D) society should value fuel economy more highly than consumer safety because of the long-term environmental benefits generated by less gasoline use.
Answer: B
You might also like to view...
Ingrid has been waiting for the show "Mamma Mia!" to come to town. When it finally does come, tickets cost $60. Ingrid's reservation price is $75. But when Ingrid tries to buy a ticket, they are sold out. Suppose Steven was able to purchase a ticket at the box office for $60. Steven's reservation price for the ticket is $65. If Steven attends "Mamma Mia!" and Ingrid does not, then this situation is:
A. efficient because Steven arrived at the ticket counter before the show was sold out. B. inefficient because Ingrid would have enjoyed the show too. C. inefficient because Steven and Ingrid could have made a mutually beneficial trade. D. efficient because Steven paid less for the ticket than his reservation price.
When numerous Japanese companies buy $100,000,000 worth of goods or services from U.S. producers, ceteris paribus, there will be
A. no change in values of the currencies. B. depreciation of the dollar against the yen. C. depreciation in the value of the yen against the dollar. D. appreciation in the value of the yen against the dollar.
In the United States, barriers to entry in professional team sports (for example, football and baseball) result from
A) the draft of college players, which grants teams exclusive signing rights to individual players. B) long-term leases teams sign for stadiums and ballparks in major cities. C) television contracts, which give networks the exclusive rights to broadcast games. D) the reserve clause, which is a provision in contracts of professional athletes that require them to play for specific teams over the length of their contracts.
What percentage of United States personal income in 2017 came from transfer payments?
A. 9% B. 28% C. 51% D. 64%