(01.03 MC) If Country A can produce 3 X or 6 Y with a unit of labor and Country B can produce 3 X and 3 Y with a unit of labor, which of the following statements is true?

(05.06 LC) The aggregate production function shows a positive relation between the output produced and capital used per worker. What does the slope of the production function signify?

(05.02 MC) An unemployment rate less than the natural rate of unemployment would correspond to

(01.03 MC)Question refers to the excerpt below.”All this is related by Americo, who adds that they returned to Spain and arrived at Cadiz with 222 Indian captives, where they were, according to him, very joyfully received, and where they sold all the slaves. Who will now ask whence they stole and carried off the 200 natives? This, as other things, is passed over in silence by Americo. It should be noted here by readers who know something of what belongs to right and natural justice, that although these natives are without faith, yet those with whom Americo went had neither just cause nor right to make war on the natives of those islands and to carry them off as slaves, without having received any injury from them, nor the slightest offence. Moreover, they were ignorant whether the accusations of those of the mainland against the islanders were just or unjust. What report, or what love would be spread about and sown among the natives, touching those Christians, when they left them wounded and desolate?”Source: The Letters of Amerigo Vespucci and Other Documents Illustrative of His Career, c.1500In what way does the excerpt predict the development of the encomienda system in New Spain?

(03.02 MC)What fear fueled the creation of the Articles of Confederation but also ultimately undermined its success?

(04.05 MC) Assume that the money market is in equilibrium, with a nominal interest rate of ro. Following a decrease in aggregate demand within the economy, which of the following should occur?

(01.02 LC) According to the Spanish caste system, which group was comprised of Spanish people born in New Spain?

(04.05 MC) Assuming no other change, there is a decrease in the nominal interest rate. How will the money supply in the economy change as a result of this change in the nominal interest rate?

(01.02 LC)Which of the following is true of the Spanish conquerors in the Americas?

(05.04 MC)Question refers to the excerpt below.”Now, therefore I, Abraham Lincoln, President of the United States, by virtue of the power in me vested as Commander-in-Chief, of the Army and Navy of the United States in time of actual armed rebellion against the authority and government of the United States, and as a fit and necessary war measure for suppressing said rebellion, do, on this first day of January, in the year of our Lord one thousand eight hundred and sixty-three, and in accordance with my purpose so to do publicly proclaimed for the full period of one hundred days, from the day first above mentioned, order and designate as the States and parts of States wherein the people thereof respectively, are this day in rebellion against the United States…And by virtue of the power, and for the purpose aforesaid, I do order and declare that all persons held as slaves within said designated States, and parts of States, are, and henceforward shall be free; and that the Executive government of the United States, including the military and naval authorities thereof, will recognize and maintain the freedom of said persons.”Source: The Emancipation Proclamation, 1863Why did this document have little impact on slaves when it was issued?