Your savings account balance would be counted in which measure of money?
A. Hard money
B. M2
C. M1
D. It would be counted in both M1 and M2
Answer: B
Economics
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NAFTA refers to a 1994 agreement that eliminated most tariffs among which countries?
A) the United States, Mexico, and Cuba B) the United States, the United Kingdom, and Mexico C) Canada, the United Kingdom, and Mexico D) the United States, Canada, and Mexico
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In the simple aggregate expenditure model, the slope of the aggregate expenditure line depends on: a. interest rates
b. real gross domestic product. c. the price level. d. the marginal propensity to consume. e. the marginal propensity to save.
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