If M1 is $1,200 billion, currency held outside banks is $400 billion, and traveler's checks is $10 billion, then small-denomination time deposits equal
A) $790 billion.
B) $390 billion.
C) $800 billion.
D) $1,190 billion.
E) There is not information to answer the question.
E
Economics
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A large number of firms in Richland sell energy drinks. However, each firm faces a downward sloping demand curve. The market for energy drinks in Richland is an example of a(n) ________
A) perfect competition B) monopolistic competition C) monopoly D) oligopoly
Economics
How would each of the following affect the firm's marginal, average, and average variable cost curves?
a. An increase in wages b. A decrease in material costs c. The government imposes a fixed amount of tax. d. The rent that the firm pays on the building that it leases decreases.
Economics