The long-run growth of an economy depends on productive resources (land, labor, and capital) and on technological advances
a. True
b. False
Indicate whether the statement is true or false
True
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New Keynesians and new classical economists both believe that
a. people form their expectations rationally. b. aggregate demand movements primarily drive business cycles. c. individual agents engage in optimizing behavior. d. The key source of disagreement centered around how people form their expectations. e. all but d are correct.
A major reason for the increase in school attendance by children between 1999 and 2015 throughout the world was:
A. the abolishment of school fees. B. the creation of labor laws forbidding child labor. C. an increase in the minimum wages adults could earn. D. the imposition of legislation that forced children to become educated.
Referring to Figure 1.5, the opportunity cost of producing the second unit of pizza is 
A. one unit of soda. B. six units of soda. C. three units of soda.
The Fed
A. lends money to the public. B. lends money to foreign governments. C. issues deposits to the public. D. clears inter-bank payments.