Refer to the given list. Which of the following are considered to be "near-monies?"
Answer the question on the basis of the following list of assets:
1. Large-denominated ($100,000 and over) time deposits
2. Noncheckable savings deposits
3. Currency (coins and paper money) in circulation
4. Small-denominated (under $100,000) time deposits
5. Stock certificates
6. Checkable deposits
7. Money market deposit accounts
8. Money market mutual fund balances held by individuals
9. Money market mutual fund balances held by businesses
10. Currency held in bank vaults
A. Items 2, 5, 8, and 9.
B. All items except for 3.
C. Items 2, 4, 7, and 8.
D. Items 1, 5, and 10.
C. Items 2, 4, 7, and 8.
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In the open-economy macroeconomic model, if the U.S. interest rate rises, then U.S
a. net capital outflow rises, so the supply of dollars in the market for foreign exchange shifts right. b. net capital outflow rises, so the demand for dollars in the market for foreign exchange shifts right. c. net capital outflow falls, so the supply of dollars in the market for foreign exchange shifts left. d. net capital outflow falls, so the demand for dollars in the market for foreign exchange shifts left.
In order for the existing workforce to be more productive, there needs to be
A. An increase in human capital. B. A decrease in economic growth. C. A redistribution of income within the nation. D. An increase in population.
The purchasing power parity theory of exchange rate determination holds that the exchange rate between any two national currencies is fixed to reflect differences in the price levels in the two countries
Indicate whether the statement is true or false.
Hours of OperationMarginal Cost16212318424530636742
Krystal runs a nail salon and needs to decide how many hours to stay open. Table 2.2 illustrates her marginal costs of staying open for each additional hour. Suppose that Krystal's marginal benefit of staying open per hour is $18. If she is following the marginal principle, how many hours should Krystal stay open?
A. 3 hours B. 4 hours C. 6 hours D. 7 hours