The smallest single component of M1 is
A) other checkable deposits. B) traveler's checks.
C) savings account balances. D) demand deposits.
B
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The table above gives the production and prices for a small nation that produces only bread and soda. The base year is 2010. What is real GDP in 2010?
A) $530 B) $1080 C) $510 D) $210 E) $300
The larger the U.S. imposed per unit import tariff on a good imported and produced in the United States,
A) the smaller the U..S consumer surplus. B) the larger the U.S. producer surplus. C) the larger the government revenue. D) All of the above.
According to purchasing-power parity theory, the nominal exchange rate between the U.S. and another country should equal the U.S. price level divided by the price level in the foreign country
a. True b. False Indicate whether the statement is true or false
The basic conservative solution to welfare dependency is
A. forcing people off welfare. B. government jobs. C. ending immigration. D. identical to the liberal solution.