In the United States, sole proprietorship profits are taxed at the business level and then are taxed again as personal income in the form of dividend payments

The Second National Bank of Townville has $400,000 in checking deposits, $125,000 in savings deposits, $500,000 in loans, $20,000 in its reserve account at the Fed, and $5,000 of currency in its vault

What is the amount of these assets and liabilities that is in M1?

The extent to which a firm is viewed by consumers as being a monopoly depends primarily on

a. how the government defines a monopoly b. whether they believe there are close substitutes for the good it produces c. the level of profits earned by the firm d. the difference between price and marginal cost of the good it produces e. the size of the firm