Checking deposits are included in
A) M1 only.
B) M2 only.
C) M1 and M2.
D) neither M1 nor M2.
C
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The market value of a bond on any given day is also known as its par value.
Answer the following statement true (T) or false (F)
If a U.S. importer has to write a $200 check to cover a 20,000 yen purchase from Japan, the exchange rate is
A. 200 yen to a dollar. B. 100 yen to a dollar. C. 20 yen to a dollar. D. 10 yen to a dollar.
Look at the following equations and then answer the question below.
Week 1: MU1/$1 > MU2/$1 9 utils/$1 > 1 utils/$1 Week 2: MU1/$1 > MU2/$1 6 utils/$1 > 2 utils/$1 If consumer equilibrium is reached in week 3, what is the most likely value of MU1 in week 3? a. 1 util b. 2 utils c. 3 utils d. 6 utils
If the government imposes a price ceiling below the monopolist's average cost curve, then in the long run the regulation makes:
A. consumers worse off. B. consumers better off. C. the monopolist better off. D. None of the statements is correct.