How many countries are in the EU as of January 1, 2014?
A) 9
B) 15
C) 17
D) 18
E) 25
D
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The money supply that consists of currency, transaction deposits, and traveler's checks is
A) the fiduciary monetary system. B) M1. C) M2. D) the liquidity approach.
If consumers paid an amount for any good that reflected the value of the total benefits they receive from consuming it, then
a. consumer surplus would be at a maximum b. consumer surplus would be equal to zero c. total revenue would equal variable cost d. consumer surplus would equal producer surplus e. producer surplus would exceed consumer surplus
The investment demand curve
a. is upward sloping b. is downward sloping c. is horizontal d. begins sloping upward then flattens out e. begins sloping downward, then flattens out
Joan has the following assets and liabilities:Credit card balance$1,000Cash$200Government bonds$3,000Stock$4,000Checking$1,500Car loan balance$10,000Car$15,000 Which of the following actions would decrease Joan's money demand by $200?
A. Joan writes a $200 check for cash and holds the cash. B. Joan gets a $200 cash advance on her credit card and puts the proceeds in her checking account. C. Joan sells $200 worth of stocks and puts the proceeds in her checking account. D. Joan writes a check for $200 to purchase additional shares of stock.