The aggregate M1 consists of
A) currency plus all deposits in financial institutions.
B) currency plus all deposits in all institutions.
C) currency plus checkable deposits in financial institutions.
D) currency plus all checkable deposits.
C
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Refer to Figure 7.1. The diagram above contains ________ cost curves
A) short run B) intermediate run C) long run D) both short run and long run.
Other things the same, if the exchange rate changes from 30 Thai bhat per dollar to 25 Thai bhat per dollar, then the dollar has
a. appreciated and so buys more Thai goods. b. appreciated and so buys fewer Thai goods. c. depreciated and so buys more Thai goods. d. depreciated and so buys fewer Thai goods.
A short-run production function was estimated asQ = ?0.002L3 + 0.16L2At 60 units of labor, what is marginal product?
A. -2.4 B. 1.2 C. 4.1 D. 2.4 E. 6.3
Which of the following is most likely to be sold in an oligopoly market?
A. cotton B. electricity supply in a small town C. pizza D. wireless service with a few suppliers