The largest category of money-market instrument is
A) commercial paper.
B) U.S. Treasury bills.
C) corporate bonds.
D) corporate stock.
B
Economics
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Consider a firm in the short run. Average product is at its maximum when
A) average product equals marginal product and marginal product is falling. B) marginal product is maximized. C) the maximum quantity of the variable input is employed. D) diminishing returns cease to operate. E) total product is maximized.
Economics
Which of the following is an example of a commodity money?
A) gold coins B) dollar bills C) British pound notes D) Japanese yen notes
Economics