M2 does not include

A) Treasury bonds.
B) passbook savings accounts.
C) small-denomination time deposits.
D) M1.

A

Economics

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Comment on how extractive institutions affect:

a) the return-to-entrepreneurship schedule. b) the opportunity cost of entrepreneurship schedule. What will be an ideal response?

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Jacob is holding an investment he bought for $1,000 that has a 60 percent chance of gaining $200 in value and a 40 percent chance of losing $40. Jacob's average expected rate of return on this investment is:

A. 8 percent. B. 10.4 percent. C. 12.2 percent. D. 24 percent.

Economics