As the cost of operating ATM machines falls, the demand for bank tellers will decline

Since 1982, banks and thrift institutions have offered a type of savings account that yields a market rate of interest with a minimum balance and a limit on transactions. These accounts, which have no minimum maturity, are known as

A) money market mutual funds. B) repurchase agreements. C) certificates of deposit. D) mutual funds.

A negative supply shock in the short run causes

A) unemployment to fall. B) the aggregate supply curve to shift to the left. C) equilibrium real GDP to rise. D) the price level to fall.