The largest component of the M1 measure of money is

A) currency.
B) demand deposits.
C) other checking deposits.
D) money-market mutual funds.


C

Economics

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Refer to Table 2-13. What is Tammi's opportunity cost of grooming a dog?

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If Allison's marginal utility of her 100th dollar of income is greater than Brad's marginal utility of his 10th dollar, then we can conclude:

A. money means more to Allison. B. money means more to Brad. C. Brad is richer than Allison. D. nothing, since we can't make interpersonal utility comparisons.

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The supply of money is determined by the Federal Reserve and is dependent on the demand for money.

Answer the following statement true (T) or false (F)

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Refer to the above figure. Given the indifference map and budget constraint represented above, what are all possible points at which that the individual can consume?

A. points A and C only B. point B only C. point D only D. points A, B and C only

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