Data indicate that the velocity of M1 is greater than the velocity of M2
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
The net asset value of an open-end mutual fund is equal to the
A) profits of the fund. B) dividends paid out by the fund. C) market value of the securities held by the fund. D) price-earnings ratio of the fund.
Which of the following is an explicit cost?
a. The opportunity cost of an owner/entrepreneur's time invested in the firm. b. The opportunity cost of the money the business owner/entrepreneur has invested in the firm. c. The wages paid to workers. d. None of the above.
Inventories help manufacturers cope with unexpected changes in the supply of their resources or in the demand for their products
a. True b. False Indicate whether the statement is true or false
Trade-offs are involved in most policy decisions
a. True b. False Indicate whether the statement is true or false