Currency and checkable deposits are
Redeemable for gold and silver from the Federal Reserve System
Of intrinsic value which determines the relative worth of money
Assets of the Federal Reserve Banks or of financial institutions
The major components of money supply M1
The major components of money supply M1
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A tax on consumption for those who are nonsavers
A. is equivalent to a tax on income. B. causes income gains to increase dramatically. C. would be preferred to a tax on wealth. D. makes it difficult to tell what the result for the nonsavers would be.
In the above figure, the opportunity cost of moving from producing 50 guitars and 50 ukuleles to producing 25 guitars and 75 ukuleles is
A) 25 guitars. B) 75 ukuleles. C) 25 ukuleles. D) 50 guitars.
What has been the trend in eliminating poverty since 1960?
Refer to the information provided in Figure 9.6 below to answer the question(s) that follow. 
Figure 9.6Refer to Figure 9.6. For this firm, diseconomies of scale set in after ________ units of output.
A. q1 B. q2 C. q3 D. q4