Consider the following items. A? $1,000 balance in a transactions deposit at a mutual savings bank. This item is counted in
Answer: Both M1 and M2
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Which of the following statements is true?
A) If both demand and supply increase there must be an increase in equilibrium price; equilibrium quantity may either increase or decrease. B) An increase in demand causes a change in equilibrium price; the change in price does not cause a further change in demand or supply. C) If demand decreases and supply increases one cannot determine if equilibrium price will increase or decrease without knowing which change is greater. D) A decrease in supply causes equilibrium price to rise; the increase in price then results in a decrease in demand.
Which point or output-combination in the graph below could the nation produce only if it experienced economic growth?
A. Combination F
B. Combination G
C. Combination C
D. Combination E
Refer to the graph below for a monopolist in short-run equilibrium. This monopolist will charge a price:
A. 0A
B. 0B
C. 0C
D. Not labeled on the graph
When the exchange rate between the U.S. dollar and the euro changes from 1.30 euros per dollar to 1.00 euro per dollar the dollar has ________ and European goods have become ________ to people in the United States so that quantity of U.S
dollars supplied ________. A) appreciated; more expensive; decreases B) depreciated; cheaper; increases C) depreciated; more expensive; decreases D) depreciated; cheaper; decreases E) appreciated; cheaper; increases