Which of the following items is included when computing M1?

a. Checking accounting entries.
b. Currency in circulation.
c. All of the above.
d. None of the above.

c

Economics

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Which one of the following is NOT a component of aggregate demand?

A) investment expenditures B) government purchases C) consumption spending D) merchandise inventories

Economics

Suppose someone told you that the chain-weighted price index for GDP in a country was 135. Why does this fact not convey much information to you?

What will be an ideal response?

Economics