I believe the answer is B but correct me if I’m wrong
C) Northern states who could use the lands to create colleges serving all US citizens.
The Morrill-Land Grant provided free land from the federal government to build agricultural colleges. This grant program ensured the US was continuing technological advances in agriculture. In doing this it made sure the Mid-west had a viable economy and a place in the US economic system. Many colleges were built with a focus in agriculture, an example is Iowa State.
Answer:
allows open economy effects.
Explanation:
spend more and even less than what is being earned through the output. of goods and other services.
Answer: D. A country mobilizes its entire population to pursue a strategy of
total war.
Answer:
The Income Effect states that if a change in prices causes consumers to have lower real incomes, then consumers would demand a lesser quantity of goods than normal.
Explanation:
In microeconomics, it is understood as the income effect one of the effects caused by the variation in the price of a product on its demand.
The income effect corresponds to the variation in the quantity demanded of a good (or service) as a result of the modification of the purchasing power caused by a change in the price of the good in question. When the price of a good changes, the purchasing power changes. If the price of the good falls, the purchasing power increases as the consumer can consume more units of that good or other goods. If the price of a good increases, its purchasing power falls since now its income reaches it for less units of the good while it has less resources to buy the other goods