The bulk of the M1 money supply is made up of
A. travels checks.
B. checkable deposits.
C. Federal Reserve notes.
D. currency.
B. checkable deposits.
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The majority of the federal government debt is held by government agencies
Indicate whether the statement is true or false
When (if at all) can the crowding-out effect be prevented?
A) when the Fed decreases the money supply to accommodate the expansionary fiscal policy B) when the real money supply is held constant C) when the real balance effect is working D) when the Fed allows the real money supply to increase sufficiently to keep the interest rate from rising
Market signaling
A) is a way of conveying information to other parties in a transaction where asymmetric information exists. B) represents a dominant strategy in a multi-player game. C) results in an optimum solution to a beach kiosk scenario. D) None of the above
Income that flows to the private sector for services and production is called:
A. net income. B. national income. C. deficit income. D. derived income.