1. As labor supply falls, aggregate output ___ and output per worker ___. A. rises; rises B. falls; rises C. rises; falls D. falls; rises 2. "From 1836 to 1913, there was no central bank in the United States." A. True B. False 3. "Slavery was more likely to be used in industries where turnover costs were relatively higher." A. True B. False 4. Which of the following would most likely increase total surplus in society? Select all that apply. -More social transfer payments -None of these! -Lower taxes -Lower tariffs -Cheaper transportation -TFP advance 5. Which of the following was a goal of 19th century U.S. tariff policy? Select all that apply. -Encourage the development of domestic industry -None of these! -Provide a source of government revenue -Reduce retail prices for consumers