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

Author Question: Which of the following would be counted as part of M1? a. Money market deposit accounts b. Saving ... (Read 79 times)

ec501234

  • Hero Member
  • *****
  • Posts: 573
Which of the following would be counted as part of M1?
 a. Money market deposit accounts
  b. Saving deposits
  c. Mutual funds
  d. Traveler's checks
  e. Time deposits

Question 2

The federal government's Cash For Clunkers program provided consumers up to 4,500 towards new, environmentally friendly automobiles when trading in a less fuel efficient vehicle. Discuss the effect of this move on the industry's demand curve.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Galvarado142

  • Sr. Member
  • ****
  • Posts: 348
Answer to Question 1

d

Answer to Question 2

The Cash For Clunkers program made consumers more interested in purchasing an auto. This increased interest or change in preferences caused an increase in demand shifting the demand curve to the right.




ec501234

  • Member
  • Posts: 573
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


bigcheese9

  • Member
  • Posts: 333
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

For a complete list of videos, visit our video library