Which of the following is NOT included in the money supply when the transactions approach is used?
A) currency B) traveler's checks
C) money market deposit accounts D) transaction deposits
C
Economics
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Refer to the above figure. The curve reflects
A) the law of diminishing marginal product in labor. B) the law of diminishing marginal product in capital. C) the law of increasing marginal product in labor. D) the law of increasing marginal product in capital.
Economics
The marginal rate of transformation is the
A. dollar value of the best forgone alternative. B. transformation of resources into a form that is useful to people. C. process of using resources to produce new capital. D. slope of the production possibility frontier.
Economics