The Township survey system set up by the Northwest Ordinance of 1785 established
(a) a 50 square-mile township based on colonial New York.
(b) an 84 square-mile township base on colonial Virginia.
(c) a 36 square-mile township based on colonial Vermont.
(d) an 18 square-mile township based on colonial Rhode Island.
(c)
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The rules of the WTO:
a. apply only to domestic trade within a nation. b. apply to both domestic trade within a nation and international trade with other nations. c. apply only to trade among nations. d. include a prohibition of tariffs. e. encourage high tariffs.
For which of the following is demand likely to be the most price elastic?
a. a good for which there are no close substitutes b. a good for which there are no easily-obtained substitutes c. a good with close substitutes that are difficult to obtain d. a good that is no longer being produced e. a good for which close substitutes are easily obtained