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Author Question: The money supply that consists of currency, transaction deposits, and traveler's checks is A) the ... (Read 94 times)

B

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on: Jun 30, 2018
The money supply that consists of currency, transaction deposits, and traveler's checks is
 
  A) the fiduciary monetary system. B) M1.
  C) M2. D) the liquidity approach.

Question 2

If an economy is producing a level of output which is lower than the equilibrium level, planned expenditures ________ total output and ________ goods and services are being produced than are being demanded.
 
  A) exceed; fewer B) are less than; more
  C) are less than; fewer D) exceed; more


Yixagurpuldink

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

B

Answer to Question 2

A


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