The Dawes Act Was an Extension of the Treaty System

question 108

True/False

The Dawes Act was an extension of the treaty system practiced by the American government since the Revolutionary War.

---

Definitions:

Consumer's Surplus

The disparity between the amount customers are prepared to spend on a product or service and the actual price they pay.

Earplugs

A device inserted in the ear canal to protect the ears from loud noises, water, or foreign bodies.

Utility Function

A mathematical representation of a consumer's preference orderings over a set of goods and services.

Equivalent Variation

An economic measure of the change in income needed to maintain utility after a price change, keeping utility constant before and after the change.