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Karolina [17]
2 years ago
12

The interstate commerce act gave the right to supervise railroad activities to?

Business
1 answer:
pishuonlain [190]2 years ago
8 0

The Interstate Commerce Act, which applied the "Commerce Clause" of the Constitution—which gave Congress the authority "to Regulate Commerce with Foreign Nations, and among the several States"—to regulating railroad rates—was approved by the Senate and the House on February 4, 1887.

<h3>What did the Interstate Commerce Act intend to achieve?</h3>

An American federal statute known as the Interstate Commerce Act of 1887 was created to control the railroad sector, notably its monopolistic tactics. Although the Act mandated that railroad rates be "reasonable and just," it did not grant the government the authority to set particular prices. legislation passed by Congress that created the Interstate Commerce Commission, required railroads to publish minimum rates, and outlawed rebates and pools. Railroads quickly mastered the use of the Act for their own purposes, but also provided the government with a crucial tool for controlling large corporations.

To know more about interstate commerce act visit:

brainly.com/question/1140270

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The forest resource of nepal is degading day by day .write the reasons​
ASHA 777 [7]

Answer:

In general, main causes of deforestation are agricultural production, need of firewood, forage for livestock as well as local unemployment and lack of management from the government.

7 0
3 years ago
Read 2 more answers
If the LRATC curve is falling, then Group of answer choices economies of scale are present. constant returns to scale are presen
Natali [406]

If the LRATC curve is falling, economies of scale are present.

<h3>What is LRATC?</h3>
  • A business indicator known as long-run average total cost (LRATC) shows the average cost per unit of output over a lengthy period of time when all inputs are assumed to be erratic and the production scale is flexible.
  • The long-run average cost curve displays the long-run total cost of production at the lowest level of output.
  • Because businesses can adjust major parts of their operations, like factories, over a lengthy period of time to attain maximum efficiency, long-term unit costs are typically lower than short-term unit costs.
  • Identifying the lower boundaries of LRATC is a goal shared by investors and firm management.
  • If the LRATC curve is falling, economies of scale are present.

To learn more about LRTAC refer to:

brainly.com/question/14316066

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6 0
2 years ago
Which of the following statements is likely to be made by an economist who believes in activist monetary policy? (1) The more cl
11Alexandr11 [23.1K]

Answer:

(1) The more closely monetary policy can be designed to meet the particulars of a given economic environment, the better.

Explanation:

Monetary Policy is the instrument by which the Central Bank conducts the economy. The debate over monetary policy is basically divided into two groups. Monetarists who believe that monetary policy should be used only to maintain price stability - contain inflation. On the other hand, monetary policy activists argue that, in addition to containing inflation, monetary policy is a powerful instrument that can be used to influence the economy in other sectors, for example in stimulating job creation. This would make monetary policy an instrument designed to address particularities of the economic system.

4 0
3 years ago
You purchase a $500 bond that pays 2% coupon yield ($10), and the bond is currently trading for $400. What is the current yield?
Thepotemich [5.8K]

Answer :

2.5%

Step by Step Explanation:

Face value = $500

Coupon yield = 2%

Income earned on he bond each year is at the rate of 2%.

Annual coupon = $10

Current bond price = $400

Formula for current yield = \frac{Annual coupon amount}{Current bond price}

                                        = \frac{10}{400} ×100

                                        =  2.5%

Hence, the current yield is 2.5%

6 0
3 years ago
Paper Co. had net income of $70,000 during the year. Dividend payment was $10,000. The followinginformation is available:Mortgag
Marina CMI [18]

Answer:

net cash provided by operating activities 60,000

Explanation:

net income  70,000

Change in working Capital

Increase Inventory (40,000)

Increase Account payable 30,000

Net change in working capital  (10,000)

net cash provided by operating activities 60,000

The working capital is the current asset and current liabilities.

the dividend, bonds and mortgare are not operating activities.

the securities are considered cash.

3 0
3 years ago
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