The largest component of the money supply (M1) is:
A. currency in bank vaults.
B. currency in circulation.
C. checkable deposits.
D. stock certificates.
C. checkable deposits.
Economics
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With rent controls, which of the following is most likely to occur?
A) decreased search activity B) black market activity C) a building boom D) a housing surplus
Economics
The graph for a monopolist’s profits shows that at output QM (100) and price PM ($6) the firm’s total revenue is ______.
a. $100
b. $400
c. $600
d. $800
Economics