The U.S. tax system as a whole is basically

Which statement is most accurate about the U.S. between 1840 and1860?

a. The per capita income of free people in the West South Central was about twice the national average. b. The per capita income of free people in the entire U.S. decreased. c. The per capita income of free people in the entire U.S. increased, but increased more slowly than it did before the Revolution. d. The Northeast was the poorest part of the nation, as measured by per capita income of free people.

Coal producers cannot profit by acting opportunistically toward U.S. Steel because:

a. there is a wide range of coal producers and substitution possibilities are high. b. coal is a highly specific resource and trades at competitive prices. c. the company usually enters into a delivery contract to obtain coal. d. the market for coal is thin.