Refer to the table. The size of the M2 money supply is:
A. $2,054 billion
B. $2,696 billion
C. $5,899 billion
D. $6,792 billion
C. $5,899 billion
You might also like to view...
Are there many good substitutes for water?
A) No, because living creatures die without water. B) No, even though there are many substitute ways to obtain water. C) Yes, because water is recycled by nature. D) Yes, because water is used for so many different and trivial purposes. E) Yes, because water may be found in many forms other than its pure form.
mixed-strategy Nash equilibrium is the outcome in which a player's ________ strategy is the best strategy for that player, taking as given the other player's ________ strategy.
A) mixed; mixed B) pure; pure C) pure; mixed D) mixed; pure
In a perfectly competitive market, if supply and demand fully reflect all of the costs and benefits associated with production and consumption, then total economic surplus is maximized when:
A. the market is in equilibrium. B. consumer surplus is greater than producer surplus. C. consumer surplus and producer surplus are equal. D. price controls keep prices low enough that most consumers can purchase the item.
A monopolistically competitive industry is in the process of moving toward long-run equilibrium. This period the product of a typical firm has more substitutes than last period. This means that
A. there was entry into the industry. B. a typical firm will produce more this period. C. a typical firm's profits will fall this period. D. both a and c E. all of the above