Bob inherits a large sum of money from his dead uncle's estate. Bob decides to retire young, so he quits his job and heads to the Bahamas. Bob is an example of
A) frictional unemployment.
B) structural unemployment.
C) cyclical unemployment.
D) None of the above is correct.
Question 2
Which of the following is NOT included in the M2 definition of money?
A) currency held by banks
B) money market mutual fund balances
C) savings deposits
D) checkable deposits
