Checkable deposits are included in
A. M1 but not in M2.
B. M2 but not in M1.
C. both M1 and M2.
D. neither M1 nor M2.
Answer: C
Economics
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The common currency area in Europe is called the:
A) common market. B) Eurozone. C) euromark. D) European Union.
Economics
The commodity substitution bias is most likely to put ________ into the CPI and so ________ the inflation rate
A) a random bias; randomly overstate or understate B) a downward bias; understate C) an upward bias; overstate D) a downward bias; overstate E) an upward bias; understate
Economics