Demand deposits are included in
a. M1 but not M2.
b. M2 but not M1.
c. M1 and M2.
d. neither M1 nor M2.
c
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The larger is the marginal propensity to consume (MPC)
A) the larger is the multiplier. B) the smaller is the multiplier. C) the smaller is the slope of the consumption function. D) the larger is the slope of the saving function.
Which of the following is a possible drawback of horizontal fracking?
a. A fall in the cost of recovering natural gas and oil b. An increase in the price of gas and oil as a result of a decline in the supply of natural gas and oil c. A fall in imports of natural gas and oil d. A fall in environmental exploitation due to the means employed to extract oil e. An increase in harmful air emissions, water contamination, and problems associated with the disposal of harmful waste fluids