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Author Question: The M1 definition of the money supply includes all of the following EXCEPT A) savings accounts. ... (Read 23 times)

mckennatimberlake

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on: Jun 30, 2018
The M1 definition of the money supply includes all of the following EXCEPT
 
  A) savings accounts. B) transaction deposits.
  C) currency. D) travelers checks.

Question 2

Let C = Ca + by define the consumption function. The term b is known as
 
  A) autonomous consumption. B) induced consumption.
  C) the marginal propensity to save. D) the marginal propensity to consume.


ecabral0

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

A

Answer to Question 2

D


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