Suppose that individuals become less confident in the banking system.This would likely cause ___.

inflationary pressures

no change in prices

deflationary pressures

As individuals deposit more specie into banks, the money supply ___.

Group of answer choices

expands

remains unchanged

contracts

"The early 19thcentury American economy was relatively market oriented."

True

False

As labor supply falls, aggregate output ___ and output per worker ___.

rises; falls

rises; rises

falls; falls

falls; rises

Consider the Solow model.Which of the following increase the stead-state level of per captia income, all else equal?Select all that apply.

Decreased population growth rate

Decreased savings rate

Increased capital-labor ratio

Decreased population

Increased total factor productivity