The decline of output of other domestic auto producers besides ...

[Jramos095]

The decline of output of other domestic auto producers besides Ford, General Motors and Chrysler occurred in the presence, even before 1970, of rising sales of imported cars in the U.S. market.
 
  Indicate whether the statement is true or false

Question 2

Fogel (1964) came up with two estimates of social savings ( and ). What do they represent?
 
  (a) The level of industrial productivity using railroads and the level not using railroads
  (b) The lowered benefit of transport for agricultural goods using railroads and the lowered benefit of transport for all goods and passengers using railroads
  (c) The lower output of the U.S. economy using transportation financed through domestic capital and foreign capital
  (d) The cost of shipping goods by railroads and the cost of shipping by waterways and wagon transport

[cegalasso]

Answer to Question 1

True

Answer to Question 2

(d)