Along with currency not in banks and deposits in checking accounts, what is another component of the M1 measure of money?
A) traveler's checks B) debit cards C) credit cards D) prepaid accounts
A
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Which of the following was a key factor which pushed the nation close to civil war?
(a) The Missouri Compromise of 1820 (b) Dred Scott v. Sanford Supreme Court Case (c) The Tariff of Abominations of 1828 (d) The Supreme Court practice of "judicial instrumentalism," which the South believed undermined the Constitution
Other things the same, a decrease in aggregate demand decreases both inflation and unemployment
a. True b. False Indicate whether the statement is true or false
During the early 1930s there were a number of bank failures in the United States. What did this do to the money supply? The New York Federal Reserve Bank advocated open market purchases. Would these purchases have reversed the change in the money supply and helped banks? Explain
If the market price of $10 per lawn leads to the quantity supplied of 15 mowed lawns, and the market price of $15 per lawn leads to 25 lawns mowed, what does the supply curve look like?
A. It slopes down and to the right. B. It is a horizontal line. C. It is a vertical line. D. It slopes up and to the right.