The money supply, as measured by M1, consists almost entirely of ...

[JGIBBSON]

The money supply, as measured by M1, consists almost entirely of currency.
 
  Indicate whether the statement is true or false

Question 2

The above table shows the marginal benefits and costs from production of fertilizer. There are no external benefits. If the market is perfectly competitive and unregulated, the efficient level of output could be achieved by setting a per ton tax of
 
  A) zero.
  B) 30.
  C) 80.
  D) 110.

[cegalasso]

Answer to Question 1

FALSE

Answer to Question 2

B

[JGIBBSON]

Excellent

[xiaomengxian]

TYSM