Which of the following are mentioned as forces of the new growth theory that influence economic growth?
I. Technology
II. Research
III. Innovations
A) II and III only
B) I only
C) I, II, and III
D) I and II only
E) I and III only
C
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If a banker lacks enough information to determine exactly which applicants for a loan are good risks and which are bad risks, then he faces a(n) __________ problem
A) moral hazard B) adverse selection C) market failure D) disintermediation
The percentage of our population below the poverty line is about _____%.
Fill in the blank(s) with the appropriate word(s).
Refer to the information provided in Figure 16.1 below to answer the question(s) that follow. 
Figure 16.1 Refer to Figure 16.1. ________, 60 bags of fertilizer will be produced.
A. Absent government intervention B. To avoid shutting down C. With a price ceiling D. With government intervention
What happens to labor supply in the pear-picking market when the wage paid to apple pickers increases?
a. The labor supply will stay unchanged until the wages paid to pear pickers change. b. The labor supply will decrease. c. The labor supply will increase. d. The labor supply may fall or rise, depending on the price of pears.