One way the government can boost the economy out of a recession is:
A. with public announcements telling the public to save their money.
B. by increasing government spending.
C. by setting price ceilings on most goods so people can afford them.
D. None of these will help an economy in recession.
Answer: B
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Which of the following does a government provide as part of a safety net for the people?
a) general elections every four years b) unemployment compensation c) a stong military defense d) regulation of commerce
Let's get our money supplies in their correct categories: M2 is equal to M1 plus
a. savings deposits, money market deposit accounts, small time deposits, and Eurodollars b. savings deposits, money market deposit accounts, money market mutual funds, and Eurodollars c. small time deposits, money market deposit accounts, money market mutual funds, and Eurodollars d. savings deposits, small time deposits, money market deposit accounts, money market mutual funds, and repurchase agreements e. money market mutual funds, money market deposit accounts, savings deposits, large time deposits, and repurchase agreements