When interest rates in the U.S. decline, we can expect capital:

According to your text, the central economic task for a society is

A) to eliminate scarcity. B) to assure every household gets what it needs. C) to secure cooperation among people in using what is available to obtain what is wanted. D) to train enough economists to ensure supplies of goods and services will successfully continue to meet demands for goods and services in the future.

The Interstate Commerce Commission (ICC)

(a) was the first permanent independent federal regulatory agency. (b) was established because, given the interstate nature of railroads, the regulation the public demanded from the states simply passed to the federal government. (c) initially lacked the power to set railroad rates, but its founding marked the beginning of a kind of federal government power capable of almost infinite expansion. (d) is best described by all of the above.