This topic contains a solution. Click here to go to the answer

Author Question: A reason that economists keep an eye on both M2 and M1 is because A) money market accounts are ... (Read 29 times)

mrsjacobs44

  • Hero Member
  • *****
  • Posts: 500
A reason that economists keep an eye on both M2 and M1 is because
 
  A) money market accounts are sometimes used like checking accounts and sometimes like savings accounts.
  B) during a recession, M1 is meaningless.
  C) M2 is more accurate than M1.
  D) both fluctuate widely and frequently in total dollar value.

Question 2

The gross domestic product of a small country is 4,150,000 and the size of its employed labor force is 5,000. The income per worker of the country is ________.
 
  A) 620 B) 213 C) 830 D) 445



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Loise Hard

  • Sr. Member
  • ****
  • Posts: 340
Answer to Question 1

A

Answer to Question 2

C





 

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

For a complete list of videos, visit our video library