According to the information in Table 13.1, M1 is equal to
A) $620 billion. B) $672 billion. C) $842 billion. D) $1,012 billion.
C
You might also like to view...
Which of the following is a common criticism of the use of fiscal policy?
A) Fiscal policy is often enacted too quickly, before the market is ready for it. B) A government borrowing money to finance fiscal policy can crowd out investments. C) Expansionary fiscal policy can help pull an economy out of a recession. D) If no fiscal policy is used, the economy will never be able to correct itself, even partially.
Behavioral economics can best be described as
A) the study of situations in which people's choices do not appear to be economically rational. B) the study of human economic behavior. C) the basis for efficient markets. D) the study of how the economy affects human behavior.