Author Question: How does the federal government influence the flow of goods and services into the country and, ... (Read 45 times)

Kthamas · **on:** Jun 30, 2018

How does the federal government influence the flow of goods and services into the country and, consequently, create extra profitability or rents in domestic production that would not have been there under free market conditions?

(a) tariffs
(b) minimum wage laws
(c) control of the public domain
(d) federal income taxes

Question 2

During the antebellum period, two systems of land use emergedthe self-sufficient system of the North, which did not rely on specialization, and the specialized system of the South, which concentrated the use of slaves.

Indicate whether the statement is true or false