Author Question: M2 consists of: a. M1 plus savings accounts, small time deposits, money market mutual funds, and ... (Read 72 times)

ishan

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M2 consists of:
 a. M1 plus savings accounts, small time deposits, money market mutual funds, and miscellaneous near-monies.
  b. coins, currency, and checkable deposits only.
 c. only near-monies.
 d. M1 plus time deposits only.
 e. M1 plus money market mutual funds only.

Question 2

To maximize social welfare in the presence of a negative externality, marginal ____ must equal marginal ____.
 a. social cost; private cost
  b. private cost; social cost
  c. social cost; social benefit
  d. private cost; social benefit



Amiracle

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Answer to Question 1

a

Answer to Question 2

c



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