Spanish Authorities Allowed Moses Austin to Settle in Texas Because

question 64

Multiple Choice

Spanish authorities allowed Moses Austin to settle in Texas because

• A) they believed that Austin and his settlers might be able to "civilize the territory," which was heavily populated by Indians.
• B) they believed that the militarily powerful Austin would otherwise have taken the land by force.
• C) he paid them a sizable sum of money.
• D) Spain planned to sell the land to the United States.
• E) None of these choices are correct.

Calculate the tax burden on buyers and sellers in a market.

Determine the price paid by buyers and received by sellers after the imposition of a tax.

Describe the effects of a price floor and a price ceiling on market equilibrium.

Identify the conditions that lead to a surplus or shortage resulting from price controls.

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