Fighting alongside the British in the Revolution, the ___________ lost much of their land and position in America after the War
a. Iroquois
b. French
c. Mexicans
d. Sioux
a. Iroquois
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The economy pictured in the figure below has a(n) ________ gap with a short-run equilibrium combination of inflation and output indicated by point ________. 
A. recessionary; B B. recessionary; C C. recessionary; A D. expansionary; A
If a country had a nominal GDP of $753 million, and the GDP deflator was 90, what is the real GDP?
a. $685 million b. $828 million c. $836 million d. $863 million
Laissez-faire refers to a situation in which there is ____ with the workings of the market system
a. zero consumer involvement b. zero government interference c. minimal government interference d. complete government interference
If the price of a good increases, then in the market for the type of labor needed to produce this good:
A. Employment will decrease B. The labor supply will increase C. The marginal product (MP) of labor will increase D. The marginal revenue product (MRP) of labor will increase