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Author Question: The M2 measure of money supply includes all of the following, except: a. demand deposits. b. U.S. ... (Read 25 times)

awywial

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on: Jun 30, 2018
The M2 measure of money supply includes all of the following, except:
 a. demand deposits.
  b. U.S. government securities.
  c. savings deposits.
  d. money market deposits.
  e. certificates of deposit.

Question 2

Explain how both sales and long lines prior to store openings are characteristic of markets in disequilibrium.


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isabelt_18

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

One function of sales is to reduce the price of products and bring markets with current excess supply into equilibrium. If the quantity of a product demanded exceeds the quantity supplied at the current market price, goods may be allocated to consumers on a first-come, first-served basis. Standing in line is one way to allocate goods, which also increases the opportunity cost of buying the goods.


awywial

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

amynguyen1221

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Reply 3 on: Yesterday
:D TYSM

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