Question
Asked Jan 23, 2019
23 views

Some countries, such as Germany, have a mixture of highways with no speed limits and other roads with strict limits on vehicle velocity. How might these apparently contradictory rules relate to the externalities of high-speed driving

check_circle

Expert Answer

Speed limit is an essential way to reduce collision of the vehicles which must be fallowed by the every country. But in many countries like Germany on highways there is no such speed limit while in other parts of the counrty there is strict speed limit on the vehicles. This contradictory rules of the speed limits effects to the externalities of the high speed driving also. 

Here, I will discuss about the high speed driving on the highways. ofcourse High speed driving is not a good thing for anyone, either for the driver or the pedestrian.  But on highways there are no padestrian, which means high speed is not harmful for other prople. Highways are constructed genearlly outside of the city and in Germany speedlimit on highways is 130 km/h. But this speed limit is dependent on the weather, visibility and self control on the driving. Apart from this, German government also set some rules for the vehicles like there should be high powered vehicles, zero alchohal tolerence etc.  German government is famous for no any speed limits o...

Want to see the full answer?

See Solution

Check out a sample Q&A here.

Want to see this answer and more?

Solutions are written by subject experts who are available 24/7. Questions are typically answered within 1 hour.*

See Solution
*Response times may vary by subject and question.
Tagged in

Business

Economics

Related Economics Q&A

Find answers to questions asked by student like you

Show more Q&A add
question_answer

Q: The Federal Reserve System and Open Market Operations_ Ask FRED The accompanying graph depicts the v...

A: Mortgage Backed Securities (MBS) held by Fed before 2009 is 0. As we can see from the dynamic chart,...

question_answer

Q: A firm believes the elasticity of demand it faces in its own country is -1.1 and in the other countr...

A: We are given that the firm in question sells its products in two different markets i.e. domestic mar...

question_answer

Q: The country of Freeland has an aggregate demand curve determined by the equation Freeland also has a...

A: The quantity theory of money:The quantity theory of money equation can be written as follows:

question_answer

Q: The Mini-Case “Economics of Scale at Google” describes economies of scale for Google Cloud Storage. ...

A: Economies of scale refers to the advantages of reduced per unit costs of production due to increased...

question_answer

Q: 1. In the RBC model-- if we start at a point of long-run equilibrium and the Fed undertakes quantita...

A: Click to see the answer

question_answer

Q: O See Hint Suppose seven individuals enjoy going to the comedy club. Their demand is as follows. Per...

A: We are given seven individuals and their willingness to pay for comedy club. Also, it is stated that...

question_answer

Q: In the US in 2008, several large banks collapsed when risky financial investments began to fail. Des...

A: The U.S. in 2008 suffered from the great financial crisis where several U.S. banks were collapsed du...

question_answer

Q: If a natural disaster occurs in the US, this is an example of a A) stone cold shock B) negative aggr...

A: A natural disaster is very likely to destroy resources like capital and human resources.

question_answer

Q: 6. A government can target its exchange rate only if it:   A) increases the amount of unce...

A: Fiscal Policy: fiscal policy is the tool in the hands of government of a country through which it us...