With regard to colonial land settlement and the land beyond the Appalachians,
(a) secure land titles had to come from established authority; land typically could not be claimed simply by "squatting" on it.
(b) throughout most of the colonial period, authority over the land beyond the Appalachians was
not easy to establish because both the English and the French laid claim to most of the Mississippi watershed.
(c) the original grants of land to colonial settlers from the crown had been "from sea to sea."
(d) all of the above are true.
(d)
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The income of Lebron James above the minimum payment needed to acquire the type of service he performs is
a. pure profit. b. economic rent. c. marginal rent. d. competitive rent.
The use of tariffs and quotas for trade protection results in:
A. Lower prices for domestic consumers B. Less revenue for government C. Less efficiency in the economy D. Less rent-seeking activity