The federal goal of making land widely accessible, especially in the last half of the 19th century,
a. was largely realized without fraud or favoritism.
b. was implemented despite a process that favored special interests.
c. was often subverted by fraud.
d. None of the above is correct.
e. Only b and c are correct.
e. Only b and c are correct.
Economics
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When there are implicit costs of production,
a. accounting and economic profit are equal b. opportunity costs of production are zero c. explicit costs of production are small d. accounting profit will exceed economic profit e. economic profit will exceed accounting profit
Economics
If the Federal Reserve purchases $1,000 in bonds and the reserve requirement ratio is 0.2, what will be the total change in reserves at all banks assuming there are no excess reserves?
a. +$500 b. +$5,000 c. -$500 d. -$5,000 e. +$1,000
Economics