Turkey joined the European Union (EU) in 2007 after implementing the necessary political and economic policy changes.

If federal expenditures fall, then all else equal the federal deficit will most likely do what?

A. fall B. stay the same C. rise D. No answer text provided.

Which of the following items is included when computing M1?

a. Coins in circulation. b. Currency in circulation. c. Checking accounting entries. d. All of the above. e. None of the above