Amtrak Seeks $1.5 Billion Bailout

Amtrak Seeks $1.5 Billion Bailout

Assessment

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Architecture

University

Hard

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Amtrak has faced a 95% drop in ridership and ticket revenue since the pandemic began. To cope, the company received $1 billion in emergency funding and plans to cut 20% of its workforce in the next fiscal year, starting in October. Amtrak is a government-owned corporation employing 18,000 people nationwide.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage has Amtrak's ridership and ticket revenue decreased since the pandemic started?

50%

75%

100%

95%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much emergency funding has Amtrak received to maintain its operations?

$1 billion

$500 million

$2 billion

$5 billion

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By what percentage does Amtrak plan to cut its workforce in the next fiscal year?

25%

15%

20%

10%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When are the workforce reductions at Amtrak expected to begin?

August

November

September

October

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many people does Amtrak employ across the country?

10,000

20,000

15,000

18,000