Which of the following is not counted as part of M1?
a. Coins.
b. Federal Reserve notes or " paper money."
c. Passbook savings deposits.
d. Checkable deposits.
c
Economics
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Consider a society consisting of just a farmer and a tailor. The farmer has 10 units of food but no clothing. The tailor has 20 units of clothing but no food. Suppose each has the utility function U = F ? C. The price of clothing is always $1
If the price of food is $3, does a competitive equilibrium exist? If not, what will happen to the price of food?
Economics
_____________ time use investigates the meaning or significance of time use and how individuals feel about time use
a. Episodic b. Quantitative c. Qualitative d. Derisive
Economics