1. "President Jackson supported the renewal of the Second Bank's charter." A. True B. False 2. As individuals deposit more specie into banks, the money supply A. expands B. remains unchanged C. contracts 3. "Europe is rich today chiefly because of its exploitation of the colonies." A. True B. False 4. Suppose a new source of gold is discovered. This would likely cause ___. A. no change in prices B. inflationary pressures C. deflationary pressures 5. As total factor productivity rises, aggregate output ___ and output per capita ___. A. rises; falls B. rises; rises C. falls; falls D. falls; rises