
The Economics of Public Transportation Quiz
Authored by KAMARULZAMAN ISHAK
Business
University
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the biggest expense for New York City's MTA according to the 2022 financial statements?
Employee salaries
Infrastructure maintenance
Fuel costs
Marketing expenses
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many people does the MTA employ according to the video?
50 thousand
60 thousand
70 thousand
80 thousand
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the first revenue source for public transport authorities?
Government subsidies
Advertising
Fares
Merchandise sales
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the farebox recovery ratio for the London Underground?
100%
110%
120%
134%
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one consequence of transit being seen as a waste of money?
Increased ridership
Improved service
Budget cuts
More funding
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major financial challenge faced by Houston public transport?
High ridership costs
Being a large money pit
Excessive advertising revenue
Overfunding
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why are advertisements effective in public transport?
They are rarely seen
They are inexpensive
They guarantee visibility to many people
They are only on buses
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