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Author Question: The Township survey system set up by the Northwest Ordinance of 1785 established (a) a 50 ... (Read 57 times)

BRWH

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on: Jun 30, 2018
The Township survey system set up by the Northwest Ordinance of 1785 established
 
  (a) a 50 square-mile township based on colonial New York.
  (b) an 84 square-mile township base on colonial Virginia.
  (c) a 36 square-mile township based on colonial Vermont.
  (d) an 18 square-mile township based on colonial Rhode Island.

Question 2

A liquidity trap is
 
  a. the vertical portion of the LM schedule.
  b. the horizontal portion of the LM schedule.
  c. a situation where a given change in the money stock induces a large reduction in the interest rate.
  d. Both a and c
  e. Both b and c


shaquita

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

(c)

Answer to Question 2

B


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