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

Author Question: M1 is a measure of A) money and includes both currency and checking deposits. B) liquidity and ... (Read 103 times)

evelyn o bentley

  • Hero Member
  • *****
  • Posts: 564
M1 is a measure of
 
  A) money and includes both currency and checking deposits.
  B) liquidity and in which the most liquid asset is money.
  C) money and includes both savings deposits and currency.
  D) money and includes both savings deposits and money market mutual funds.

Question 2

In the macroeconomic long run
 
  A) real GDP is always below potential GDP.
  B) there is full employment with no unemployment.
  C) output always is above potential GDP.
  D) there is full employment and real GDP is equal to potential GDP.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Bigfoot1984

  • Sr. Member
  • ****
  • Posts: 321
Answer to Question 1

A

Answer to Question 2

D




evelyn o bentley

  • Member
  • Posts: 564
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


CAPTAINAMERICA

  • Member
  • Posts: 325
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

For a complete list of videos, visit our video library