Checking deposits are
A) not part of money.
B) part of money.
C) small in volume relative to currency in circulation.
D) quite different from checking accounts.
B
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The cost of producing one more unit of a good or service that is paid by the producer
A) has to be equal to the benefit that the consumer derives from that good. B) is equal to the cost borne by people other than the producer. C) is the marginal private cost. D) is the marginal external cost.
There exists a substantial underground market in food stamps
a. True b. False
The SRAS is ____; the LRAS is ____
a. upward sloping; upward sloping b. upward sloping; vertical c. vertical; upward sloping d. vertical; vertical
If a country's Lorenz curve moves further away from the diagonal, its income is more unevenly distributed
Indicate whether the statement is true or false