Under the Graduation Act (1854), land prices for the public domain
a. were subject to a schedule that reflected reduced prices for land that remained unsettled over time.
b. were subject to a schedule that reflected reduced prices for native-born Americans and higher prices for immigrants.
c. were increased to $1.25 per acre in cash.
d. were increased to reflect inflation.
a. were subject to a schedule that reflected reduced prices for land that remained unsettled over time.
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Which of the following is true of an economic union?
A. Free movement of resources, but restricted movement of goods among the member countries B. Free movement of goods, but restricted movement of resources across the member countries C. Harmonization of all economic policies in the member countries D. The members have a common set of tariffs among themselves but the external tariff rates are determined independently.
Entrepreneurs contribute to increased average labor productivity in each of the following ways except by:
A. developing new products. B. introducing new production methods. C. assigning workers to jobs. D. implementing new technological processes.