Money market deposit accounts are included in:
A. M1 only.
B. M2 only.
C. neither M1 nor M2.
D. both M1 and M2.
B. M2 only.
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A decrease in wealth would shift the:
A) aggregate demand curve rightward. B) aggregate demand curve leftward. C) aggregate supply curve rightward. D) aggregate supply curve leftward.
The basic ingredients in any economic decision are
a. scarcity and choice. b. surpluses and shortages. c. market prices and the use of efficient production methods. d. needs and wants.
The legally bound obligation to pay debts:
a. note of stockhold b. dividend c. note of Stockholm d. liability e. stock and bondhold
Which of the following is a legal way to reduce the price problems oligopolies face?
A. Collusion B. Formation of cartels C. Price leadership D. Merging to become monopolists