« previous next »

Author Question: M1 refers to: a. Federal Reserve Notes and gold certificates. b. Currency held by the public plus ... (Read 38 times)

wenmo

  • Hero Member
  • *****
  • Posts: 540
on: Jun 30, 2018
M1 refers to:
 a. Federal Reserve Notes and gold certificates.
  b. Currency held by the public plus checking account balances.
  c. The largest of the money-supply definitions.
  d. None of these.

Question 2

A strength of the market economy is that:
 a. it results in an equal distribution of wealth.
  b. resources are used efficiently.
  c. planners rather than consumers determine answers to the basic economic questions.
  d. information for production and distribution decisions passes directly from the government to buyers.


smrtceo

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Spur-winged Goose - De Hoop Nature Reserve, South Africa Spur-winged Goose - De Hoop Nature Reserve, South Africa
In 2013, Americans learned that the federal government massively surveys their phone calls and e-mai In 2013, Americans learned that the federal government massively surveys their phone calls and e-mai
A William Jennings Bryan poster alludes to religion: “no crown of thorns” and no “cross of gold.” Br A William Jennings Bryan poster alludes to religion: “no crown of thorns” and no “cross of gold.” Br
Large water tank, possibly a public or ritual bathing area, from Mohenjo-daro, Indus Valley ... Large water tank, possibly a public or ritual bathing area, from Mohenjo-daro, Indus Valley ...
In this 1921 photo of a one-room schoolhouse in Marey, West Virginia, you can see how public ... In this 1921 photo of a one-room schoolhouse in Marey, West Virginia, you can see how public ...
Video: Studying the Left and Right Brain Independently

For a complete list of videos, visit our video library