Which of the following items is included when computing M1?
a. Coins in circulation.
b. Currency in circulation.
c. Checking accounting entries.
d. All of the above.
e. None of the above
d
You might also like to view...
Refer to Scenario 7.1. The total cost to produce 50 cookies is
A) $20 B) $25 C) $50 D) $60 E) indeterminate
Toddler Treats produces soft cereal bars for toddlers and Toddler Treats states on its packaging and in its advertising that its cereal bars are nut-free. All of the following could be accidents for Toddler Treats except which one?
A) an audit failure B) selling cereal bars that have been cross-contaminated with peanuts C) failing to earn economic profit D) infringing on other company's patent on toddler cereal bars
The nominal exchange rate:
A. expresses the value of goods in one country in terms of the same goods in another country. B. expresses the value of goods in one country in terms of another country's currency. C. is the stated rate at which one country's currency can be traded for another country's goods and services. D. is the stated rate at which one country's currency can be traded for another country's currency.
The graph for a monopolist’s profits shows that at output QM (100) and price PM ($6) the firm’s total revenue is ______.
a. $100
b. $400
c. $600
d. $800