During a parliamentary select committee on urban planning, different advisors make statements regarding the proposed introduction of a municipal congestion charge. Which of the following represents a positive economic statement?
The municipal authority ought to allocate all revenues from the congestion charge to subsidise public bus fares.
A congestion charge is the fairest mechanism to internalise the external costs of motoring in urban areas.
Levying a £15£15£15 daily fee on vehicles entering the city centre will lead to a reduction in retail sales for local businesses.
It is unacceptable that low-income commuters pay a higher proportion of their disposable income on congestion charges than high-income commuters.