The most liquid form of money is M3

Indicate whether the statement is true or false


FALSE

Economics

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The rate of interest charged to commercial banks by the Fed for loans is called the ________ rate

A) discount B) commercial paper C) federal funds D) prime

Economics

"Total revenue minus total cost" is

A) an incorrect definition of profit. B) the correct definition of profit. C) the economist's definition of profit. D) the government's definition of profit. E) the most common definition of profit.

Economics

Refer to Figure 4-3. If the market price is $4.00, what is the maximum number of ice cream cones that Kendra will buy?

A) 0 B) 2 C) 3 D) 4

Economics

Decrease in the real interest rate will ________ the expenditure curve:

A) decrease. B) increase. C) not change. D) none of the above.

Economics