By definition, M1 includes:
a. savings accounts.
b. money market mutual accounts.
c. small denomination time deposits.
d. checkable deposits.
d
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Starting from long-run equilibrium, a large decrease in government purchases will result in a(n) ________ gap in the short-run and ________ inflation and ________ output in the long-run.
A. expansionary; lower; potential B. expansionary; higher; potential C. recessionary; lower; potential D. recessionary; lower; lower
List the three most common forms of trade barriers
What will be an ideal response?
Of the 1790 colonist population, over 80 percent was of European origin while about 20 percent was of African origin
Indicate whether the statement is true or false
Purchasing a profitable supplier increases profit only if
a. You pay equal to the value of the company's inventory b. You pay higher than the value of the company's future profits c. You pay lower than the value of the company's discounted future profits d. You pay lower than the value of the company's undiscounted future profits