(Consider This) Credits cards are:
A. the fastest growing component of the M1 money supply.
B. near-monies that are part of the M2 money supply but not the M1 money supply.
C. not money, as officially defined.
D. also known as time deposits.
C. not money, as officially defined.
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What could Keynes have meant by his now famous statement, "in the long run we are all dead?"
A) Government intervention is destabilizing, will lead to slower growth in the long run, and will prevent an economy from self-regulating. B) Government intervention in the economy is necessary in times of recession because an economy rarely restores itself to full employment. C) Government intervention in the economy is useless because it takes too long to take effect. D) Government intervention in the economy is only effective if it is not erratic.
The rate of interest that you pay on a home loan depends upon all of the following EXCEPT
A) the supply of houses in the real estate market. B) the length of the loan. C) your credit rating. D) handling charges or loan fees.
During the second half of the 19th century, export demand for U.S. agricultural products
a. declined. b. increased. c. remained static. d. experienced chaotic periods on increase and decrease.
The Nash equilibrium for both stores is
a. For megastore to advertise and for superstore to advertise b. For megastore to advertise and for superstore not to advertise c. For megastore not to advertise and for superstore to advertise d. For megastore not to advertise and for superstore not to advertise