The largest component of the money supply (M1 ) is
A) time deposits.
B) large CDs.
C) demand deposits.
D) coin and currency.
C
Economics
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The U.S. labor movement started with
A) aerospace workers unions. B) industrial unions. C) craft unions. D) depression unions.
Economics
Answer the following statements true (T) or false (F)
1. A positive economic statement is always true. 2. Positive economics deals with “what is” as opposed to “what ought to be.” 3. The largest part of U.S. national income takes the form of profits. 4. Consumption is the ultimate end of economic activity.
Economics