Why has M2 grown more quickly than M1 in recent decades?
A) Currency in circulation has declined.
B) People own more shares of stock than in the past.
C) The amount of funds in CDs and money market mutual funds shares has grown faster than currency or checking deposits.
D) Most people use debit cards instead of checking accounts.
C
Economics
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The Stackelberg model is more appropriate than the Cournot model in situations where
A) there are more than two firms. B) all firms enter the market simultaneously. C) one firm makes its output decision before the other. D) firms will be likely to collude.
Economics
In the U.S. the percentage of the population that directly encounters poverty is exceedingly high
a. True b. False Indicate whether the statement is true or false
Economics