There are three major macroeconomics markets (i.e., markets in the Three-Sector-Model) that will be the focus of this course. Which of the following choices is not included:

What was the Industrial Revolution? How did it contribute to modern economic growth?

What will be an ideal response?

Suppose that the introduction of computers increases the productivity of workers in the developed world. What you would expect wages to do?

a. Rise mainly in the developed countries. b. Rise mainly in the developing countries. c. Fall mainly in the developed countries. d. Fall mainly in the developing countries.