Author Question: Regarding the Interstate Commerce Commission (ICC), (a) historians agree that it was primarily ... (Read 94 times)

Bob-Dole · **on:** Jun 30, 2018

Regarding the Interstate Commerce Commission (ICC),

(a) historians agree that it was primarily captured by the industry that it was supposed to regulate.
(b) historians agree that it was primarily captured by passengers and shippers to the disadvantage of the railroads.
(c) historians generally agree that it was not captured by any group, but rather served the
public well.
(d) historians do not agree on any of the above.

Question 2

Friedman and others view changes in velocity as the result of changes in

a. income.
b. who is the chairman of the Federal Reserve.
c. interest rates.
d. inflation.