According to Gary Libecap and Ronald Johnson, One Positive Outcome

question 36

Multiple Choice

According to Gary Libecap and Ronald Johnson, one positive outcome of the fraud that often allowed large companies to obtain land intended for homesteaders was

• A) fines charged to fraudulent companies provided substantial revenues for the federal government.
• B) resources were transferred to companies that could take advantage of economies of scale.
• C) conflicts between farmers and railroads were reduced.
• D) legislators friendly to economic development were elected because of backing from the fraudulent companies.

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Definitions:

Millon-III

A psychological assessment tool developed by Theodore Millon used for personality assessment and diagnosing personality disorders.

Objective Personality Test

A method of psychological assessment that uses standardized questions and response options to evaluate aspects of an individual's personality in an unbiased manner.

DSM-IV

An earlier version of the Diagnostic and Statistical Manual of Mental Disorders, providing criteria for the classification and diagnosis of mental disorders.

Beck Anxiety Inventory

A self-report inventory used to measure the severity of anxiety symptoms.