Starting from long-run equilibrium, an increase in autonomous investment results in ________ output in the short run and ________ output in the long run.

In an economy in which labor is mobile and homogeneous, the wages between industries:

a. will be equal. b. will be very unequal. c. will be less in the export industry. d. will be unequal because in some firms the management is more fair to its workers.

State chartered banks were supposed to be driven out of business by the National Currency Act of 1863 and the National Banking Act of 1864 by

A) imposing a tax on their issuance of state bank notes. B) prohibiting them from having interstate branches. C) prohibiting them from paying interest on demand deposits. D) regulating the amount of interest they could pay on savings accounts.