Author Question: Martin's research (1971) supports the claim that the Interstate Commerce Commission (ICC) was a ... (Read 65 times)

tuffie

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Martin's research (1971) supports the claim that the Interstate Commerce Commission (ICC) was a federal regulatory agency, The ICC was designed to capture market gains for the consumers of railroad services as well as for the railroad
 
  industrialists. Indicate whether the statement is true or false

Question 2

Easterlin (1968, 1987) argues that as the relative price of children rises,
 
  (a) the average household demands fewer of them.
  (b) society, at large, demands fewer of them.
  (c) society, at large, demands more of them.
  (d) nothing happens since the demand for children is not influenced by price.



yasmina

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Answer to Question 1

True

Answer to Question 2

(a)



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