The M2 measure of money is suggested by the ________ approach to measuring money
A) investment
B) liquidity
C) transactions
D) security
B
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The price elasticity of supply for the Hope Diamond is zero because there is only one. Therefore, the supply curve for the Hope Diamond is
A. perfectly inelastic. B. unit elastic. C. elastic. D. perfectly elastic.
Marginal cost can be expressed as the ration of the price of labor and the Marginal Product of Labor
a. only when labor is held constant. b. only when labor is the only variable input. c. wether labor is held constant or not. d. never.
Which characteristic of economic growth is responsible for the large differences in GDP per capita across countries?
What will be an ideal response?
In the 2000s, low savings rates are attributed to
A) rapid economic growth. B) stock market boom. C) declining interest rates and increased refinancing of the mortgages. D) inefficient monetary policy.