If you decide not to spend $1,000 you earned at your summer job but instead intend to buy shares in a mutual fund, in terms of aggregate economic accounting you would be:

A. saving.
B. transferring.
C. consuming.
D. investing.

Answer: A

Economics

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Economists call an institution designed to oversee the banking system and regulate the quantity of money in the economy

a. a central bank. b. a charter bank. c. a national bank. d. a state bank.

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Appreciation of the British pound will

A. make Britain's exports less expensive and her imports more expensive. B. make Britain's exports more expensive and her imports less expensive. C. make Britain's exports and imports both more expensive. D. make Britain's exports and imports both less expensive.

Economics