Money market mutual funds are accounts that are
A. usually offered by banks.
B. do not pay interest income.
C. insured by the federal government.
D. usually offered by brokerage and insurance firms.
Answer: D
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A change in supply cannot be caused by a change in
a. resource prices b. technology c. prices of other goods d. the price of the good itself e. the number of suppliers
In which of the following is a risk-tolerant investor most likely to invest in?
a) CDs b) Savings accounts c) A-rated bonds d) Growth stocks
The sum of the number of employed persons and the number of unemployed persons equals the civilian noninstitutional population.
Answer the following statement true (T) or false (F)
If real GDP is $4 billion, the price level is 1.25, and the nominal money stock is $500 million, then velocity is
A. 1. B. 10. C. 0.1. D. 100.