Which of these is NOT one of the definitions of money supply mentioned in the video?

Since the mid-1980s, the primary indicator of monetary policy has been

a. movement of short-term interest rates. b. the growth rate of real government expenditures. c. the growth of the M1 money supply. d. changes in the nominal (dollar) size of budget deficits or surpluses.

If the exchange rate is .60 British pounds = $1, a bottle of ale that costs 3 pounds costs

a. $1.80. b. $4.80. c. $5. d. None of the above is correct.