Based on the following information, the value of the M1 measure of the money supply is ________ and the value of the M2 measure of the money supply is ________.AssetsBillions of DollarsCurrency20Demand deposits300Money market mutual funds800Traveler's checks10Savings deposits1,800Other checkable deposits200Small denomination time deposits1,100
A. $530 billion; $4,230 billion
B. $330 billion; $4,230 billion
C. $520 billion; $4,320 billion
D. $530 billion; $3,700 billion
Answer: A
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In the market for loanable funds, the seller is considered to be
A) the lender. B) the borrower. C) the lender or the borrower depending upon the use to which the funds are put. D) the lender or the borrower depending upon whether interest rates are rising or falling.
What happens as interest rates fall?
A) The number of profitable investment opportunities declines. B) The opportunity cost of using retained earnings to finance investment spending declines. C) Planned investment spending also falls. D) Planned investment spending remains constant since it depends on profit projections not interest rates.
If there is an improvement in technology that affects only Aggregate Supply and a nation's wealth falls due to sagging stock market, then:
a. Aggregate demand rises, and aggregate supply falls. b. Aggregate demand rises, but aggregate supply does not change. c. Aggregate demand falls, and aggregate supply rises. d. Aggregate demand and aggregate supply rise. e. Aggregate demand and aggregate supply fall.
Other things equal, the slope of the aggregate expenditures schedule will increase as a result of:
A. a decline in the size of the inflationary gap. B. an increase in the MPC. C. an increase in the MPS. D. a decline in the general price level.