Which of the following is included in M1?
A. Savings accounts
B. Money market deposit accounts
C. Money market mutual funds
D. Travelers’ checks
E. None of the above is included.
Answer: D
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Adam Smith argued that government's role in society would be to do absolutely nothing. True or False.
Which of the following would cause the equilibrium price of apple juice to decrease and the equilibrium quantity of apple juice to increase?
A) a decrease in the price of apples B) an increase in the price of orange juice, a substitute for apple juice C) an increase in the price of apples D) a decrease in the price of granola bars, a complement for apple juice
What is an insurance premium?
The largest share of demand for loanable funds comes from the government that wants to borrow money for deficit financing
a. True b. False Indicate whether the statement is true or false