Which of the following is included in M2? I. money market mutual funds II. small-denomination certificates of deposit

Refer to Figure 19-12. The graph above depicts supply and demand for U.S. dollars during a trading day, where the quantity is millions of dollars. In order to support a fixed exchange rate of 0.30 pounds per dollar, the U.S. central bank must

A) sell 0.4 million dollars per trading day. B) buy 0.8 million dollars per trading day. C) sell 0.8 million dollars per trading day. D) buy 0.4 million dollars per trading day.

Refer to the information provided in Figure 2.4 below to answer the question(s) that follow. Figure 2.4According to Figure 2.4, as the economy moves from Point E to Point A, the opportunity cost of hybrid cars, measured in terms of motorcycles

A. increases. B. initially increases, then decreases. C. decreases. D. remains constant.