M2 includes M1 plus all of the following except
A) savings deposits.
B) retail money market mutual funds.
C) short-term U.S. government securities.
D) small-denomination time deposits.
C
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What accounts for specialization?
a. People specialize in the activity in which their opportunity costs are at a maximum. b. People specialize in the activity in which their opportunity costs are lowest. c. People do not specialize in any activity. d. People specialize in the activity that pays the highest wage. e. People specialize in the activity that they enjoy the most, no matter what the salary is.
When you are working, you pay more unemployment insurance than you get from it and when you're unemployed, you get more from it than you pay in. That's why the insurance is called
a. an automatic stabilizer b. an automatic destabilizer c. a discretionary stabilizer d. a destabilizing influence on the Phillips curve e. a stabilizing influence on the Phillips curve