Which of the following is included in M1?
A. Savings accounts
B. Money market deposit accounts
C. Money market mutual funds
D. Certificates of deposit
E. None of the above is included.
Answer: E
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Answer the following statements true (T) or false (F)
1. In recent years, immigration has contributed an insignificant amount to the U.S. population growth. 2. The main driver of economic immigration is the opportunity to improve earnings and living standards. 3. The majority of international migrants move to countries relatively close to their home countries because close proximity reduces the cost of the move relative to anticipated benefits. 4. Other things equal, larger wage differences between nations tend to increase the flow of immigration toward the country with higher wage opportunities.
If firms adopt a strategy that triggers a permanent punishment, the result in an indefinitely repeated game is
A) undefined. B) the noncooperative Nash equilibrium. C) the collusive Nash equilibrium. D) economically inefficient.
A repeated cross-sectional data set is
A) a collection of cross-sectional data sets, where each cross-sectional data set corresponds to a different time period. B) the same as a balanced panel data set. C) what Card and Krueger used in their study of the effect of minimum wages on teenage employment. D) time series.
The time between the implementation of a fiscal action and when that action affects output, employment, or the price level is called a(n): a. recognition lag
b. implementation lag. c. operational lag. d. administrative lag.