Which of the following statements about M1 and M2 is not true?
A. M2 is larger than M1.
B. M2 is more liquid than M1.
C. Transaction accounts are part of M2.
D. Transaction accounts are part of M1.
Answer: B
Economics
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The U.S. interest rate minus the foreign interest rate is called the ________
A) foreign interest rate differential B) U.S. bond rate differential C) U.S. interest rate differential D) U.S. stock yield differential
Economics
A compensating wage differential is
a. the difference between the wage of an individual working in favorable conditions and the wage of an individual working in unfavorable conditions b. compensation paid to an individual for working in a less desirable environment c. premium paid to a security holder to compensate him for bearing a higher risk d. Only A&B
Economics