One difference between the assets included in M1 and those added to calculate M2 is that items in M1 are

A. better stores of value than those added to compute M2.
B. more liquid than those added to compute M2.
C. less liquid than those added to compute M2.
D. larger than those added to compute M2.

Answer: B

Economics

You might also like to view...

Using the data in the table above, the growth rate of real GDP for 2010 is equal to

A) 4.76 percent. B) 10.0 percent. C) 9.09 percent. D) 5.00 percent. E) 7.00 percent.

Economics

Which of the following is true (assume the small country case)?

A) With a quota, an increase in demand leads to a higher price and more imports. B) With a tariff, an increase in demand leads to a higher price and more imports. C) With either a tariff or a quota, an increase in demand leads to a higher price and more imports. D) None of the above are true.

Economics