M1 does not include
A. currency.
B. travelers' checks.
C. MMMFs.
D. transaction accounts.
Answer: C
You might also like to view...
The table above gives data for the nation of Mosh. If real GDP is $10 trillion, then
A) firms increase production because inventories are less than their target levels. B) firms decrease production because inventories exceed their target levels. C) the economy has reached equilibrium and no change in production will occur. D) firms decrease production because inventories are less than their target levels. E) We need more information to determine whether firms increase, decrease, or do not change their production.
When a per-unit tax is levied on a goods market in which supply is not perfectly inelastic but such a tax nevertheless does not give rise to any deadweight loss, consumers are made no worse off by the imposition of the tax.
Answer the following statement true (T) or false (F)
If price decreases by 10 percent and quantity demanded increases by 30 percent, the price elasticity of demand will be
A) 0.333. B) 3. C) 30. D) 300.
The interest rate promised when a bond is issued is called the:
A. coupon rate. B. real rate of interest. C. discount rate. D. dividend rate.