Which of the following is included in the M2 definition of the money supply?
A. Cash and currency
B. Checkable deposits
C. Money market deposit accounts
D. Money market mutual funds
E. All of these responses are correct.
Answer: E
You might also like to view...
Excess supply in an unregulated market will cause the price of a product to fall
Indicate whether the statement is true or false
Workers who demand a wage that is higher than the equilibrium wage
A. Must belong to a union in order to secure a job. B. Will never benefit from joining a union. C. Will find it difficult to secure a job. D. Will easily secure a job.
If the price index last year was 100 and today it is 104, what is the inflation rate over this period?
(a) -4%; (b) 1.4%; (c) 4%; (d) 40%.
In which of the following situations would using a rule of thumb be most appropriate?
a. You are late for an important job interview and have to grab lunch at a restaurant you have never been to before. b. You are purchasing a home as a first-time homebuyer and realize you don’t have much information to go on. c. You are researching software options for a new startup and have access to expert opinions. d. You are weighing the marginal utility of entering the workforce versus seeking a postgraduate degree.