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

Author Question: A reason that economists keep an eye on both M2 and M1 is because A) money market accounts are ... (Read 103 times)

mrsjacobs44

  • Hero Member
  • *****
  • Posts: 500
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
Answer to Question 1

A

Answer to Question 2

C





 

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

For a complete list of videos, visit our video library