Money market mutual funds are ________ the M1 measure of money and ________ the M2 measure of money.
A. included in; included in
B. included in; excluded from
C. excluded from; included in
D. excluded from; excluded from
Answer: C
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Which of the following is the largest expenditure item of local governments?
A. Education B. Public safety C. Highways D. Welfare
Which of the following best describes the history of the U.S. price level from 1970 to 2008?
a. The price level increased during the 1970s and 1980s, but decreased during the 1990s. b. The price level increased during the 1970s but decreased during the 1980s and 1990s. c. The price level decreased over the whole period. d. The price level increased over the whole period. e. The price level increased during the 1970s but decreased during the 1980s, and 1990s.
The __________ of the mentally ill over the last two and a half decades, without the promised halfway houses to treat and shelter them has added to the ________________.
Fill in the blank(s) with the appropriate word(s).
Finding the occupation or business activity in which you are relatively more productive helps you earn more money than otherwise would be the case. This reflects the
A) principle of compound interest. B) law of diversification. C) law of large numbers. D) law of comparative advantage.