From 1789 to 1838, state banks
(a) served as financial intermediations and paid out paper money to borrowers.
(b) were corporations.
(c) engaged in agricultural activities.
(d) established demand deposits against which checks could be written by the borrower.
(a)
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In general, each additional year of schooling is worth about:
A. 5 percent more in overall earnings over the course of a lifetime. B. 50 percent more in overall earnings over the course of a lifetime. C. 25 percent more in overall earnings over the course of a lifetime. D. 10 percent more in overall earnings over the course of a lifetime.
How does an economy adjust to demand shocks when prices are inflexible?
What will be an ideal response?
Refer to the information provided in Figure 7.2 below to answer the question(s) that follow. 
Figure 7.2Refer to Figure 7.2. The average product with two workers is ________ lawns mowed.
A. 4 B. 5 C. 5.5 D. 11
What line in the above graph would best represent the supply curve for land?
A. 1
B. 2
C. 3
D. 4