M2 includes:
a. debit cards.
b. credit cards.
c. mutual insurance policies.
d. money market mutual funds.
d
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The United States imports approximately ________ percent of all goods and services produced in the country.
A. 8. B. 3. C. 13. D. 16.
A positive statement i. makes a statement about how the world operates. ii. is a true statement. iii. can be tested against the facts
A) i and ii B) i and iii C) ii and iii D) i, ii and iii E) i only
Assuming perfect capital mobility and flexible exchange rates, then
a. monetary policy is ineffective while fiscal policy is highly effective. b. fiscal policy is completely ineffective while monetary policy is highly effective. c. both monetary policy and fiscal policy are effective. d. monetary policy is less effective than fiscal policy.
If nominal GDP is reported at $10,000 billion and the GDP implicit price defoliator is 150, the GDP in constant dollars is
a. $6,667 billion. b. $8,250 billion. c. $5,650 billion. d. $5,350 billion.