Which of the following is not included in the M1 money stock?

a. money market funds
b. demand deposits
c. checking account deposits
d. travelers' checks
e. cash in the hands of the public

A

Economics

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Which of the following conclusions is not supported by the Three-Sector-Model?

a. A decrease in borrowing demand causes the real risk-free interest rate to fall and equilibrium quantity of real loanable funds to rise. b. An increase in the supply of a nation's real loanable funds reduces the real risk-free interest rate and increases the equilibrium quantity of real loanable funds. c. An increase in a nation's demand for goods and services within the intermediate range results in an increase in the real GDP and a higher GDP Price Index. d. An increase in the value of a nation's currency encourages domestic imports and discourages exports. e. All of the above are supported by the Three-Sector Model.

Economics

Rent seeking:

A. results in externalities. B. results in less monopoly power. C. involves resources paid to politicians to enhance one group at the expense of another. D. None of the statements are correct.

Economics