(Consider This) Credit card balances are:
A. a component of M1.
B. a component of M2 but not of M1.
C. a component of M1 but not of M2.
D. not a component of M1 or M2.
D. not a component of M1 or M2.
Economics
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Bananas, chocolate bars, chewing gum, orange juice and yogurt are considered to be ________ goods
A) service B) durable C) nondurable D) essential
Economics
Refer to Figure 3-1. If the product represented is an inferior good, an increase in income would be represented by a movement from
A) A to B. B) B to A. C) D1 to D2. D) D2 to D1.
Economics