One key measure of the money supply is
A. the total stock value.
B. all liquid assets.
C. all bank loans.
D. M2.
Answer: D
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Redbox rents DVDs. Other things constant, which of the following would likely increase the demand for their DVDs?
A) A rise in the cost of going to the movies B) A fall in the price of DVD players C) A fall in the price of Redbox DVD movie rentals D) Both A and B
A quota is a numerical limit on the quantity of a good that can be imported
Indicate whether the statement is true or false
Economists define a market to be competitive when the firms
A) spend large amounts of money on advertising to lure customers away from the competition. B) watch each other's behavior closely. C) are price takers. D) All of the above.
The most numerous or plentiful firms in the United States are found in this form of business
A) partnership. B) proprietorship. C) monopoly. D) corporation.