Which of the following is NOT included in the M1 measure of money?
A) currency held outside banks
B) currency held in bank vaults
C) checking deposits at commercial banks
D) checking deposits at credit unions
B
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According to the HRV growth diagnostic framework why is there no "one size fits all" development policy?
What will be an ideal response?
If the inverse demand function for a monopoly's product is p = a - bQ, then the firm's marginal revenue function is
A) a. B) a - (1/2)bQ. C) a - bQ. D) a - 2bQ.
If a pre -merger Herfindahl-Hirschman Index (HHI) is between ________, the market is considered moderately competitive and if a merger in this market raises the HHI by more than ________, antitrust agencies worry about the potential loss of competition.
A) 1,500 and 2,500; 50 B) 2,500 and 5,500; 100 C) 2,500 and 5,500; 25 D) 1,500 and 2,500; 100
To know whether a particular situation for a family, business, or government involves an equilibrium or not, one must
A) understand the circumstances fully. B) determine whether the accounts are in balance. C) determine whether the credits equal the debits. D) determine whether a particular portion of the accounts are in balance or not.