If you hold $25 in cash, have $150 in a checking account, and have $250 in a savings account, how much of M2 do you have?
What will be an ideal response?
All of the assets mentioned are included in M2, so you have $25 + $150 + $250 = $425 of M2.
Economics
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Goods and services bought domestically but produced in other countries are referred to as
A) transfer payments. B) exports. C) imports. D) foreign consumption.
Economics
Explain why the variance of an investment is a useful measure of the risk associated with it
What will be an ideal response?
Economics