Coins in the hands of the public are
A. included in M1, but not in M2.
B. included in both M1 and in M2.
C. included in M2, but not in M1.
D. excluded from M1 and M2 because people can exchange them for Federal Reserve notes.
B. included in both M1 and in M2.
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List the Fed's four main monetary goals
What will be an ideal response?
Most developing countries have tried to
A) liberalize capital movement. B) control capital movements. C) Hard to tell from the data. D) in the 1960s and 1970s control, now to liberalize. E) in the 1960s and 1970s liberalize, now to control.
The above figure shows the payoff matrix for two firms, A and B, choosing to produce a basic computer or an advanced computer. The mixed-strategy Nash equilibrium is
A) Firm A produces an advanced computer with 80% chance, firm B produces an advanced computer with 20% chance. B) Both firms produce advanced computers with 50% chance. C) Firm A produces an advanced computer with 60% chance, firm B produces an advanced computer with 40% chance. D) Both firms produce advanced computer with 80% chance.
The aggregate demand of a country is the summation of consumption, investment, government spending, and net exports
a. True b. False Indicate whether the statement is true or false