Which of the following definitions of the money supply includes only the most liquid forms of money?
a. M1
b. M2
c. savings deposits.
d. money market mutual deposits.
a
You might also like to view...
The reversal of fortune in terms of population density suggests that:
A) areas with a higher population density in 1500 are today relatively less prosperous. B) areas with a higher population density in 1900 are today relatively less prosperous. C) areas with a higher population density in 1900 are today relatively more prosperous. D) areas with a higher population density in 1500 are today relatively more prosperous.
U.S. residents come to believe that the dollar will appreciate in the future, that is, the exchange rate in the future will be higher than the current exchange rate. As a result
A) the demand curve for dollars shifts rightward. B) the demand curve for dollars shifts leftward. C) there is a movement downward along the demand curve for dollars. D) None of the above answers are correct.
For a given shift of the aggregate demand curve, the steeper the short-run aggregate supply curve, the larger the change in real GDP
a. True b. False Indicate whether the statement is true or false
When the macro equilibrium is above full employment, fiscal policy should be used to shift aggregate demand by the amount of
A. The difference between saving and investment. B. The AD excess, which also allows for price level changes. C. The difference between desired saving and desired investment. D. None of the choices are correct.