If M1 is $1,200 billion, currency held outside banks is $400 billion, and traveler's checks is $10 billion, then small-denomination time deposits equal
A) $790 billion.
B) $390 billion.
C) $800 billion.
D) $1,190 billion.
E) There is not information to answer the question.
E
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What policies would you recommend to the U.S. government to lower the balance of trade deficit and decrease net capital inflows?
What will be an ideal response?
If a firm increases inputs by 15 percent and output increases by 12.5 percent, the firm is experiencing
A. increasing returns to scale. B. decreasing returns to scale. C. constant returns to scale. D. increasing costs per unit of output.
If investment spending depends on GDP, this is called induced investment
a. True b. False Indicate whether the statement is true or false
The difference between taxes and government spending is called: a. household saving. b. national saving
c. net tax. d. public saving.