M2 money includes all but which one of the following?
a. Checkable deposits.
b. Savings accounts.
c. Large repurchase agreements.
d. Money market mutual accounts.
e. Small time deposits.
c
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Collusive action among producers creates higher prices for consumers because it:
A. causes overproduction and inefficiency. B. creates negative externalities. C. forces producers to be more competitive. D. allows producers to artificially restrict their supply.
With fewer periods in a moving average, it will take longer to adjust to a new level of demand.
Indicate whether the statement is true or false
Compared to an efficient perfectly competitive industry, the monopolist will
A) produce less output at a higher total cost. B) produce less output and charge a higher price. C) produce more output at a higher price and higher profit. D) produce more output at a lower price.
Explain why a monopoly or a perfectly competitive firm does not consider a rival firm's behavior, but an oligopoly and a monopolistically competitive firm do
What will be an ideal response?