M1 includes

A) currency, checking deposits and traveler's checks.
B) money, stocks and bonds.
C) money, checking deposits and traveler's checks.
D) money market mutual funds, stocks and bonds.

A

Economics

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A normal good is one for which

A) demand increases as income increases. B) demand increases as income decreases. C) the demand curve is horizontal. D) demand increases as the price of a substitute increases.

Economics

Which of the following is true of a demand curve? a. It must remain stable over time

b. It can shift either rightward or leftward. c. It is possible to move along the curve, but the demand curve will not shift. d. None of the above are true.

Economics