The M1 money supply is defined to be the sum of currency, and

Bertha considers borrowing funds to invest in expanding her dress shop. She is less likely to do that if interest rates increase.

a. true b. false

Profit-maximizing extraction companies will attempt to:

A. extract resources as quickly as possible. B. delay extraction as long as possible. C. find rates of extraction that maximize the flow of profits over time. D. extract resources at a constant rate every year to minimize price fluctuations.