Which is likely to be larger, the velocity of M1 or M2?
A. M1, because M2 is a larger number.
B. M2, because M1 is a larger number.
C. The velocities of both are approximately equal.
D. The numbers of velocity switch in relative size.
Answer: A
You might also like to view...
A president of the United States promises to produce more defense goods without any decreases in the production of other goods. This promise can be valid
A) if the United States is producing at a point on its production possibilities frontier. B) if the United States is producing at a point inside its production possibilities frontier. C) if the United States is producing at a point beyond its production possibilities frontier. D) only if the production possibilities frontier shifts rightward.
The largest source of revenue for funding schools in the average US city is
a. federal income taxes b. state income taxes c. city property taxes d. state and city sales taxes