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Author Question: Typically the largest component of the narrowly-defined money stock in the United States, known ... (Read 91 times)

nautica902

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on: Jun 29, 2018
Typically the largest component of the narrowly-defined money stock in the United States, known officially as M1, is
 
  A) commercial bank reserves.
  B) currency in commercial bank vaults or the hands of the public.
  C) demand deposits and savings deposits in commercial banks.
  D) checking account deposits.
  E) gold, silver, coins, and paper currency.

Question 2

Which of the following market structures provides socially efficient outcomes?
 
  A) Oligopoly
  B) Monopoly
  C) Perfect competition
  D) Monopolistic competition


jessofishing

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


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