Savings deposits are ________ the M1 measure of money and ________ the M2 measure of money.
A. included in; included in
B. excluded from; included in
C. excluded from; excluded from
D. included in; excluded from
Answer: B
Economics
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The number of unemployed divided by the labor force equals
A) the inflation rate. B) the labor force participation rate. C) the unemployment rate. D) the misery index.
Economics
A trade-off between aggregate output and inflation
A) is theoretically possible, but has never been observed in practice. B) may exist in the short run, but not in the long run. C) may exist in the long run, but not in the short run. D) exists in both the short run and the long run.
Economics