If you liquidate $3,000 of your mutual fund and transfer the funds to your checking account, then initially, M1 will ________ and M2 will ________
A) increase; decrease B) increase; not change
C) not change; not change D) not change; decrease
B
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The table below shows the relationship between the number of times you get your car washed each month and your total monthly benefit from car washes. Each car wash costs $15.Number ofCar WashesPer MonthTotal MonthlyBenefit fromCar Washes0$01$202$363$484$565$60How many times a month should you get your car washed?
A. 4 B. 3 C. 2 D. 1
The degree that PPP may hold in the short- or in the long-run is very much related to the choice of an exchange rate regime
Indicate whether the statement is true or false
According to the classical system, saving is a function of
a. income. b. the real interest rate. c. the real wage. d. the profitability of firms. e. all of the above.
Cost-push inflation is caused by too much money chasing too few goods
a. True b. False Indicate whether the statement is true or false