M1 is the total amount of ________ in the economy.

A. paper currency only
B. coin
C. paper currency and coin
D. checking accounts, coin, and paper currency


Answer: D

Economics

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The majority of members of the Federal Open Market Committee are

A) Federal Reserve Bank presidents. B) members of the Federal Advisory Council. C) presidents of member banks. D) the seven members of the Board of Governors.

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Usury laws carry the potential of hurting

a. borrowers. b. lenders. c. borrowers and lenders. d. government.

Economics

In the table at? right, how many workers are employed when marginal product reaches its? maximum?

A. 1
B. 3
C. 4
D. 2

Economics

Which of the following is the best example of the concept of "normal"?

A. Hot dogs and hot dog buns B. SUVs C. Coke and Pepsi D. Ramen noodles

Economics