The Interstate Commerce Commission was created to check the monopoly power of ________ and ended up protecting them from the competitive forces of _________

a. passenger rail service; interstate bus companies
b. the Civil Aeronautics Board; the Federal Communications Commission
c. airlines; automobiles
d. railroads; truck transportation
e. railroads; inland barge service

D

Economics

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The best measure of the standard of living is generally considered to be

A) labor productivity. B) the average duration of a typical business cycle. C) the labor force participation rate. D) real GDP per capita.

Economics

The euro floats against other currencies, but the member nations of the euro have no separate national money. For this reason, Spain, that uses the euro as its currency is listed under the managed float arrangement

a. True b. False Indicate whether the statement is true or false

Economics