This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A reason that economists keep an eye on both M2 and M1 is because A) money market accounts are ... (Read 109 times)

mrsjacobs44

  • Hero Member
  • *****
  • Posts: 500
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


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

A

Answer to Question 2

C


mrsjacobs44

  • Hero Member
  • *****
  • Posts: 500
Reply #2 on: Jun 30, 2018
Correct answers!


Loise Hard

  • Sr. Member
  • ****
  • Posts: 340
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Many types of edible fungi are grown for the market. Many types of edible fungi are grown for the market.
Norway lobsters on sale at a Spanish market Norway lobsters on sale at a Spanish market
Midway Island, an inhospitable atoll acquired in 1867, was valuable as a military base located midwa Midway Island, an inhospitable atoll acquired in 1867, was valuable as a military base located midwa
Electricity production accounts for 25% of greenhouse gas emissions Electricity production accounts for 25% of greenhouse gas emissions
Markets and Institutions Market Story Problem Markets and Institutions Market Story Problem
Determine m​, ​n, and i for money invested at 3.6​% compounded semi-annually for 3.5 ... Determine m​, ​n, and i for money invested at 3.6​% compounded semi-annually for 3.5 ...
Video: Neural Reflex Arc Animation

For a complete list of videos, visit our video library