M2 includes
A) large-denomination time deposits.
B) institutional MMMFs.
C) commercial paper.
D) M1.
D
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If two goods are complements, then their
A) indifference curves are positively sloped straight lines. B) indifference curves are negatively sloped straight lines. C) indifference curves are L-shaped. D) marginal rate of substitution is infinity.
How can incomes become more unequally distributed within countries and less unequally distributed across countries?
What will be an ideal response?
Since World War II, the consumer price index has increased by an average of _____
a. 1.4 percent per year b. 2.1 percent per year c. 6.4 percent per year d. 5.6 percent per year e. 3.5 percent per year
In the aggregate expenditures model, if aggregate expenditures (AE) are greater than GDP, then:
a. inventory is accumulated. b. inventory is unchanged. c. employment decreases. d. employment increases.