The Land Ordinances of 1785 and 1787 included provisions for all of the following except:
a. surveys prior to sale of Western land.
b. the number of states that could be created from the Northwest Territory.
c. guidelines for the eventual creation of Western states.
d. sale of the land in plots of one square mile.
e. All of the above were provisions of the ordinances.
e. All of the above were provisions of the ordinances.
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The largest liability on the balance sheet of most banks is its
A) holdings of securities. B) loans. C) checking account and savings account deposits of its customers. D) deposits with the Federal Reserve. E) vault cash.
Under the Bretton Woods agreements,
a. the IMF was created to punish countries that did not maintain fixed exchange rates. b. a system of fixed exchange rates based on gold was established. c. each country agreed to buy and sell its currency to maintain a fixed exchange rate. d. All of the above are correct.
Which of the following is the most common form of a business organization?
A. sole proprietorship B. corporation C. partnership D. subchapter S corporation
Countries in which wages adjust slowly to changes in the supply of and demand for labor are likely to have ________ sacrifice ratio.
A. an infinite B. a high C. a low D. a zero