Checking accounts that pay interest are included in the

A) "other checkable deposits" part of M1.
B) "savings deposits" part of M2.
C) "demand deposits" part of M1.
D) "money market mutual funds deposits" part of M2.

A

Economics

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If penalties are imposed only on the buyers of illegal drugs, the equilibrium price of illegal drugs will ________ and the equilibrium quantity will ________

A) rise; increase B) rise; decrease C) fall; increase D) fall; decrease

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If the goods' money prices do not change, a depreciation of the dollar against the pound

A) makes British sweaters cheaper in terms of American jeans. B) makes British sweaters more expensive in terms of American jeans. C) makes American jeans more expensive in terms of British sweaters. D) doesn't change the relative price of sweaters and jeans. E) makes British jeans more expensive in Britain.

Economics