In the United States, the different categories of money supply ...

[Davideckstein7]

In the United States, the different categories of money supply measurement are based on:
 a. the elasticity of money.
  b. the liquidity of money.
  c. the amount of purchasing power.
  d. the reserve requirements in the banking system.
  e. the velocity of money.

Question 2

If the electronics market is experiencing a shortage in the supply of mobile phones being sold at a cost that buyers are more than willing to pay for, then:
 a. the selling price is higher than the equilibrium price.
 b. the equilibrium price is higher than the selling price.
 c. the quantity demanded is less than the quantity supplied.
  d. the shortage could be eliminated by lowering the price.

[emsimon14]

Answer to Question 1

b

Answer to Question 2

b

[Davideckstein7]

Thanks for the timely response, appreciate it

[AmberC1996]

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