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Background and Pedagogical Rationale:  This assignment emphasizes precise thinking and language.  Students are often insensitive to or unaware of the distinction often made between “nominal” and “real” values: For instance, the distinction between “nominal” and “real” Gross Domestic Product (GDP) or, likewise, between “nominal” and...

  Please read the article listed below and answer the following  questions: Article: Understanding the Impact of Transportation on Economic Development https://onlinepubs.trb.org/onlinepubs/millennium/00138.pdf How can the growth of intermodal transportation affect the product’s supply and demand?  Discuss the major points of the article.  How do transportation costs...