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Author Question: A reason that economists keep an eye on both M2 and M1 is because A) money market accounts are ... (Read 102 times)

mrsjacobs44

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on: Jun 30, 2018
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


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Loise Hard

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

A

Answer to Question 2

C


mrsjacobs44

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Reply #2 on: Jun 30, 2018
Correct answers!


Loise Hard

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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