Author Question: When M1 is expanded to M2, the money supply: a. almost doubles. b. more than triples. c. goes up ... (Read 73 times)

kwoodring · **on:** Jun 30, 2018

When M1 is expanded to M2, the money supply:
a. almost doubles.
b. more than triples.
c. goes up tenfold in size.
d. changes very little.
e. goes up by 50 percent.

Question 2

The economic system in which the basic economic questions are answered through markets with some government intervention is a:
a. command economy. b. mixed economy.
c. market economy. d. planned economy.