1. "Government intervention always results in higher total surplus."

Group of answer choices

True

False

2. A colonial economy uses slave labor. If an increase in piracy drove up transportation costs, the fraction of the labor force that is free labor would ___.

Group of answer choices

rise

fall

remain unchanged

3. "The Bank of England raising its interest rates contributed to, among other factors, the Jacksonian inflation."

Group of answer choices

True

False

4. "Europe is rich today chiefly because of its exploitation of the colonies."

Group of answer choices

True

False

5. "President Jackson supported the renewal of the Second Bank's charter."

Group of answer choices

True

False