M2 is equal to M1 plus:
a. savings deposits, money market deposit accounts, small time deposits, and eurodollars.
b. savings deposits, money market deposit accounts, money market mutual funds, and eurodollars.
c. small time deposits, money market deposit accounts, money market mutual funds, and eurodollars.
d. savings deposits and small time deposits of less than $100,000.
e. money market mutual funds, money market deposit accounts, savings deposits, large time deposits, and repurchase agreements.
d
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If Ms. Anniston transfers $1,000 from her checking account to her money market account, then
a. M1 falls and M2 remains the same. b. M1 falls and M2 rises. c. both M1 and M2 rise. d. M1 remains the same and M2 rises.
Macroeconomics deals with
A. decisions made by firms. B. only large households in a country. C. specific sectors within the economy. D. aggregates within the economy.
The quantity of imports will decrease when there is
A) an increase in the real exchange rate. B) a reduction in domestic output. C) a reduction in foreign output. D) all of the above E) none of the above
The rules of accounting generally require that ________ costs be used for purposes of keeping a company's financial records and for paying taxes. These costs are sometimes called ________ costs
A) economic; legal B) real; explicit C) total; economic D) explicit; accounting