Which of the following will be affected if consumers take money out of checking accounts to pay their credit cards?
A. M1
B. M2
C. M3
D. L
Answer: A
You might also like to view...
The flow of private foreign investment and grants and loans is included in a country's
(a) current account. (b) capital account. (c) cash account. (d) none of the above.
Based on the fertility-rate calculations for major industrialized countries, their populations are expected to decline significantly in the coming years because the:
A. Total fertility rate is higher than the replacement rate B. Total fertility rate is below the replacement rate C. Fertility rate and the replacement rate are about equal D. Fertility rate divided by the replacement rate is greater than one
What is the equation of exchange? How can the equation of exchange be converted into the quantity theory of money?
What will be an ideal response?
Firm size alone is not the same as market power, as illustrated by
a. a large automaker raising its prices without concern about competition b. a movie theater in an isolated community facing stiff competition c. wheat farmers selling their commodity product to farm cooperatives d. the only newspaper in a metropolitan area facing competition for advertising sales from TV, radio, and the Internet e. None of the answers is correct