If traveler's checks were $1000 higher and saving deposits were $500 higher, M1 would be

a. $500 higher and M2 would be $1,500 higher.
b. $1,000 higher and M2 would be $1,500 higher.
c. M2 and M1 would be $1,500 higher.
d. $1,000 high and M2 would be $500 higher.


b

Economics

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A few decades ago, there were hardly any Subway restaurants in India. Now, they are present in almost every big city. This is an outcome of:

A) fair trade union practices. B) traditionalism. C) the protectionist policies adopted by the Indian government. D) globalization.

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A 1995 evaluation concluded that programs that emphasized labor force attachment (work experience) were much more successful than programs that emphasized human capital development

Indicate whether the statement is true or false

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A monopoly earns the most profit by charging a price where demand is inelastic

a. True b. False Indicate whether the statement is true or false

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Consider the production possibilities frontier displayed in the figure shown. Which points are efficient and attainable with existing resources?


A. Only point B.
B. Only point A.
C. Points A and D.
D. Points A, C, and D.

Economics