The Allocations of Land Grants to Farmers and to Railroad

question 117

Multiple Choice

The allocations of land grants to farmers and to railroad companies by Alexander Hamilton to encourage western settlement are early examples of

• A)contracting.
• B)lending.
• C)deregulation.
• D)subsidies.
• E)monetary policy.

---

Definitions:

Services Perform

The process of executing or delivering a service to fulfill a need or requirement of a customer.

Markup

The amount added to the cost price of goods to cover overhead and profit; the percentage increase on the original cost.

Selling Price

The final price at which a product or service is sold to the customer, taking into account costs, profit margins, and market demand.

Gross Profit

The difference between sales revenue and the cost of goods sold, indicating the financial health of a company's core activities.