Which of the following explains the rapid growth of the M2 money supply growth since the 1960s?
a. inflation
b. the government printed more M2 money than M1
c. the introduction of money market mutual funds
d. the introduction of money market mutual deposits
e. sluggish stock market performance in the 1970s
B
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Nicholas does not possess marketable job skills; therefore, he is
A) frictionally unemployed. B) structurally unemployed. C) cyclically unemployed. D) seasonally unemployed.
In the long run, one-time increases or decreases in the nominal money supply affect
A) real output, but not the price level. B) the price level, but not real output. C) both real output and the price level. D) neither real output nor the price level.
When Congress does not pass the necessary budget resolutions by the time the new fiscal year starts, they need to pass a ______ in order to keep agencies operating
a. budgetary extension b. continuing resolution c. continuing extension d. emergency budgetary declaration
How long does it take for a check to clear?
(A) Three days (B) Two days (C) Four days (D) One day