M2 includes:
a. Any financial assets that can be spent on real goods and services.
b. Checking accounts plus Deposits at the central bank.
c. Currency in circulation + Reserves of financial intermediaries (e.g., banks) + Checking Accounts + Near Money.
d. Currency in circulation + Checking Accounts
e. Currency in circulation + Checking Accounts + Near Money.
.E
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A particular good is not scarce when
A) everyone is able to purchase as much of the good as they wish to purchase. B) it is available in large enough quantities to meet everyone's needs. C) no one must sacrifice anything to obtain more of the good. D) there is a surplus of the good.
All else equal, anything that increases the transportation costs ________ the number of consumers shopping at ________.
A) increases; larger, less expensive stores B) increases; local, more expensive stores C) does not change; local, more expensive stores D) does not change; larger, less expensive stores
The "New Deal" measures introduced in 1933 and 1934 to end the depression
(a) brought about almost complete recovery by the mid-1930s. (b) were not completely successful in ending the Depression, which lasted until the beginning of World War II. (c) actually interfered with recovery, and the Depression worsened in the mid-1930s. (d) were not very successful at first but finally ended the Depression by the late 1930s.
name one event you have become aware of that concerns you or encourages you about our economy and tell why?
What will be an ideal response?