Quantitative Evidence from Fishlow, Fogel and Mercer Indicates That

Quantitative evidence from Fishlow, Fogel and Mercer indicates that

A) antebellum railroads were built ahead of demand, but post-bellum transcontinentals were not.
B) post-bellum transcontinentals were built ahead of demand, but antebellum railroads were not.
C) both antebellum railroads and post-bellum railroads were built ahead of demand.
D) antebellum railroads were not built ahead of demand, but the evidence on post-bellum railroads is mixed.

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