Hypothesis of government regulation prior

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Reference no: EM1320815

Q1. Explain:

(a) Illustrate what way the U.S trucking organization exemplified the capture theory hypothesis of government regulation prior to the passage of the Motor Carrier Act of 1980 also

(b) the result of the passage of the Motor Carrier Act in 1980.

Q2. Illustrate what is the "current macroeconomic situation" in the U.S. (e.g. is the U.S. economy currently concerned about unemployment, inflation, recession, etc.)? Illustrate what fiscal policies also monetary policies would be appropriate at this time?

Reference no: EM1320815

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