Large denomination time deposits are the difference between ________ and ________.
Fill in the blank(s) with the appropriate word(s).
M2 and M3
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In which of these years was there very high inflation and a recession?
A. 1937 B. 1980 C. 1990 D. 2001
Points lying below a production possibilities curve are:
A) inefficient because more can be produced with the available resources. B) inefficient because they represent the production of only one good. C) efficient because combinations represented by those points are attainable. D) efficient because production is maximum on those points with the available resources.
Assume a firm uses two inputs, capital and labor. All else constant, an increase in the price of labor would create an incentive for the firm to:
A) substitute labor for capital in its production function. B) substitute capital for labor in its production function. C) hire more capital and labor. D) hire less capital while holding the amount of labor employed constant.
An individual's demand curve for a good can be derived by measuring the quantities selected as
A) the price of the good changes. B) the price of substitute goods changes. C) income changes. D) All of the above.