M1 is defined as a measure of money including, in part,
A) checkable deposits and currency.
B) time deposits and currency.
C) currency and savings deposits.
D) time deposits and money market fund deposits.
E) the lines of credit on credit cards and currency.
A
Economics
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An employee in a department store often steals goods when other employees are not around. Because the store does not have a surveillance camera, the store manager is unable to monitor his activities. This behavior is an example of ________
A) adverse selection B) moral hazard C) internalization of externalities D) the paradox of thrift
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Which of the following is the Federal Reserve most likely to use to change the nation's money supply?
A) Open-market operations B) Reserve requirements C) Discount lending D) Credit controls
Economics