According to Gary Libecap and Ronald Johnson, One Positive Outcome

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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