Savings deposits are ________ the M1 measure of money and ________ the M2 measure of money.
A. included in; included in
B. excluded from; included in
C. included in; excluded from
D. excluded from; excluded from
Answer: B
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If the people who take early retirement are not counted in the working-age population, then
A) the unemployment rate would be lower. B) the labor force participation rate would be less. C) the unemployment rate would be higher. D) the labor force participation rate would be higher.
Homer's Donut Shoppe has the production function q = 10L +20L2 - 5L3. The average product of labor is
A) AP = 10 + 20L - 5L2 B) AP = 10 + 40L - 15L2 C) AP = 10L D) AP = 10 + 20L
The least liquid of the following assets is
a. cash in the hands of the public b. time deposits c. savings accounts d. travelers' checks e. demand deposits
The cumulative distribution function for a standard logistic random variable is a decreasing function.
Answer the following statement true (T) or false (F)