Many economists believe there is a good chance that if the government had not taken over passenger rail service, Amtrak would
A) be making economic profits today
B) be facing competition from numerous other rail systems
C) provide services that generate significant tax revenues
D) not exist at all today
E) operate in the long run at a loss to private firms

Question

Quizplus · Accepted Answer

Amtrak, being a government takeover, suggests that without such intervention, the passenger rail service might have been unsustainable and ceased to exist, indicating that D is the correct answer.

Many Economists Believe There Is a Good Chance That If