Which of the following is an example of technological progress?
A) the invention of the air conditioner
B) the invention of LCD televisions
C) an increase in corn output resulting from genetic engineering
D) all of the above
D
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Dynamic open market operations
A) are aimed at achieving changes in monetary policy. B) are used much more frequently than defensive open market transactions. C) are used to offset disturbances to the monetary base. D) make it easy to deduce the Fed's intentions for monetary policy.
The restricted opportunity cause of poverty is due to government destroying incentives
Indicate whether the statement is true or false
Which of the following is an example of a public good?
A. A weather warning system. B. A television set. C. A sofa. D. A bottle of soda.
Use the following list to answer the question about the money supply.
Items 1. Money market mutual funds held by individuals 2. Savings deposits, including money market deposit accounts 3. Money market mutual funds held by businesses 4. Currency held by the public 5. Small time deposits 6. Checkable deposits Refer to the list above. The M1 money supply is composed of items: A. 5 and 6 B. 4 and 6 C. 6 and 7 D. 1 and 4