According to Walton and Rockoff, all of the following were among Jefferson's main goals for land policy except:
a. To assure clear property rights to the land owned by individuals.
b. To drive Indians off the land and secure it for American settlers.
c. To provide revenues to the federal government through sales.
d. To spread democratic institutions.
b. To drive Indians off the land and secure it for American settlers.
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If Stimpson University increases tuition in order to increase its revenue, it will:
a. not be successful if the demand curve slopes downward. b. be successful if demand is elastic. c. be successful if demand is inelastic. d. be successful if supply is elastic. e. be successful if supply is inelastic.
Which of the following is a true statement about the multiplier?
a. The multiplier rises as the MPC rises. b. The smaller the MPC, the larger the multiplier. c. The multiplier is a value between zero and one. d. The multiplier effect does not occur when autonomous expenditure decreases.