The Western railroads had been granted vast amounts of land by ...

[crazycityslicker]

The Western railroads had been granted vast amounts of land by the government. Consequently, they
 
  (a) Held on to it tightly.
  (b) Produced a competitive market with homesteading.
  (c) Wanted to profit only from providing railroad services.
  (d) Hindered economic development by restricting new farms in the West.

Question 2

Which of the following statements is (are) correct? The Mundell-Fleming model is
 
  a. a new closed-economy model.
  b. implicitly assumes a fixed domestic price level.
  c. is an open-economy version of the IS-LM model.
  d. Both b and c

[brbarasa]

Answer to Question 1

(b)

Answer to Question 2

D

[crazycityslicker]

Excellent

[nguyenhoanhat]

Thanks for the timely response, appreciate it