When calculating GDP, the Bureau of Economic Analysis releases its "advanced estimate" of a quarter's GDP approximately

A) three months before the quarter has ended. B) one year after the quarter has ended.
C) three months after the quarter has ended. D) one month after the quarter has ended.

D

Economics

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Consider two oligopolistic industries selling the same product in different locations. In the first industry, firms always match price changes by any other firm in the industry

In the second industry, firms always ignore price changes by any other firm. Which of the following statements is true about these two industries, holding everything else constant? A) Market prices are likely to be the same in both markets because they are both oligopolistic markets. B) No conclusions can be drawn about the pricing behavior under these very different firm behaviors. C) Market prices are likely to be lower in the first industry where firms always match price changes by rival firms than in the second where firms ignore their rivals' price changes. D) Market prices are likely to be higher in the first industry in which firms always match price changes by rival firms than in the second where firms ignore their rivals' price changes.

Economics

The M2 money supply

a. includes large denomination time deposits which are part of M1 b. excludes checking accounts which are part of M1 c. does not include money market mutual accounts because they are part of M1 d. includes demand deposits and small denomination time deposits because each ispart of M 1and M2, respectively e. includes large denomination repurchase agreements which are part of M1

Economics