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Author Question: In the United States, the money supply (M1) consists of: a. paper currency and coins. b. coins, ... (Read 53 times)

washai

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In the United States, the money supply (M1) consists of:
 a. paper currency and coins.
  b. coins, paper currency, checkable deposits, and traveler's checks.
  c. paper currency, coins, checkable deposits, and savings deposits.
  d. government bonds, currency, checkable deposits, and traveler's checks.

Question 2

In a market economy, the three economic questions are answered by which of the following?
 a. Prices determined by the interaction of the forces of supply and demand.
  b. A cartel of major transnational corporations, government agencies, and consumer advocates.
  c. A trilateral commission of major corporations, the military, and elite university professors.
  d. A central authority such as people's committee, a government agency, or a dictator.



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covalentbond

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Answer to Question 1

b

Answer to Question 2

a




washai

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


FergA

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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