Included in M2 are
A. credit cards.
B. bank capital.
C. bank loans.
D. demand deposits.
Answer: D
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The economy pictured in the figure below has a(n) ________ gap with a short-run equilibrium combination of inflation and output indicated by point ________. 
A. recessionary; B B. recessionary; C C. recessionary; A D. expansionary; A
Companies that enable investors to use their savings to buy financial securities are referred to as:
A) hedge fund companies. B) banks. C) private equity funds. D) asset management companies.
A profit-maximizing monopoly will always produce at the minimum point of its average total cost (ATC) curve
a. True b. False
The "self-interest theory" considers an act to be rational if
A. it is an efficient pursuit of whatever aims one has at the moment of deliberation and action. B. it efficiently promotes the ongoing material interest of the person who performs it without the requirement that social justice be achieved. C. it conforms to generally accepted views of justice and also serves one's interests. D. the act was done while the person was sane and coherent.