Land "conservatives" in the 19th century
a. believed that the sale of the public domain should provide substantial government revenue.
b. believed that the U.S. should subsidize the production of certain agricultural products, including corn and wheat.
c. supported the sale of the public domain in small plots.
d. supported the rights of "squatters.".
e. All of the above.
a. believed that the sale of the public domain should provide substantial government revenue.
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Unlike social insurance taxes, income taxes are paid on wages only
Indicate whether the statement is true or false
In a monopsony labor market, the employer hires the quantity of labor where the ________ equals the ________
A) marginal revenue of labor; marginal cost of labor B) marginal cost of labor; marginal product of labor C) marginal product of labor; value of marginal product of labor D) marginal cost of labor; value of marginal product of labor
One of the reasons the student loan repayment plan at Yale did not work was because:
A. there was an adverse selection of students into the program. B. the collective bargaining with the students reached an impasse. C. complete information was given to both the students and the University. D. the moral hazard of students made them take riskier jobs.
Monopolistic competition differs from perfect competition primarily because in
A. monopolistic competition, there are relatively few barriers to entry. B. perfect competition, firms can differentiate their products. C. monopolistic competition, entry into the industry is blocked. D. monopolistic competition, firms can differentiate their products.