Which of the following is included in M1 and M2?
a. traveler's checks
b. savings deposits
c. money market mutual funds
d. small time deposits
a
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Which of the following is an example of an ordering cost for goods held in inventory?
A) the cost of storage B) the costs of securing the inventory C) the opportunity cost of using funds to finance the inventory D) the cost of the paperwork necessary to pay for each order
In 2016, about how many million persons were employed by private-sector companies?
a. 90 million b. 122 million c. 118 million d. 125 million
When the average total cost is at its minimum, it is
A. greater than MC. B. equal to MC. C. smaller than MC.
The formula for the deposit expansion multiplier =
A) 1 x required reserve ratio. B) 1 / required reserve ratio. C) 10 x required reserve ratio. D) 10 / required reserve ratio.