The change in the money supply in an economy is measured as:

a. the difference between the government deficit and government borrowing.
b. the sum of a change in high-powered money and the change in tax revenues.
c. the difference between government borrowing and government spending.
d. the ratio of the change in excess reserves to the deposit expansion multiplier.
e. the change in the government budget deficit.

a

Economics

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The practice of selling the same goods to different customers at different prices, but with the same marginal cost, is known as

a. price segregation. b. price discrimination. c. arbitrage. d. monopoly pricing.

Economics

Refer to the graph below. If the firm is producing at Q1, the area 0ADQ1 represents:



A. Total costs
B. Total variable costs
C. Total fixed costs
D. Average total costs

Economics