Which statement best describes the railroad?
(a) It is a good example of technology transfer (from England to the U.S.)the first operating railroad was in England.
(b) It is an American home productthe first operating railroad was in the U.S.
(c) It was invented in England but first put into operation in the U.S.
(d) It was invented in the U.S. but first put into operation in England.
Question 2
What is the function of the system of federal regulation created by Congress from 1887 until now?
(a) To change the outcomes of market decisions
(b) To enforce the outcomes of market decisions
(c) To replace market allocations with economic planning
(d) To enforce the law
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