As long as the value of additional units of output exceed the opportunity cost of that output, _____
a. it will not be produced
b. it likely will not be produced
c. it will be produced
d. it is likely to be produced
c
Economics
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An official measure of money in the United States is M1, which includes the sum of
A) checkable deposits plus small time deposits. B) currency plus checkable deposits. C) currency plus credit card transactions. D) currency plus traveler's checks plus time deposits. E) currency plus traveler's checks plus checkable deposits plus small time deposits plus money market funds and other deposits.
Economics
Real money supply expresses the money supply in terms of real goods and services
Indicate whether the statement is true or false
Economics