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Author Question: The Western railroads had been granted vast amounts of land by the government. Consequently, they ... (Read 31 times)

crazycityslicker

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on: Jun 30, 2018
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


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brbarasa

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Reply #1 on: Jun 30, 2018
Answer to Question 1

(b)

Answer to Question 2

D


crazycityslicker

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

bimper21

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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