Which of the following describes the behavior of M1 in recent decades?
A) it soared during the recessions of 1990-91, 2001, and 2007-2009
B) it tended to grow more rapidly than M2
C) it was more stable than M2
D) it has not declined since the 1970s
A
Economics
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Assuming that C + I + G > C + Ir + G, then
a. aggregate demand exceeds than output. b. unplanned inventories are negative. c. there is an unintended inventory accumulation. d. Both a and c e. None of the above
Economics
Refer to the demand and supply equations. What are the equilibrium price and quantity?
What will be an ideal response?
Economics