Before they can be used in regular exchanges, the assets that make up M2 must often
A) be paid off if they are credit cards. B) be converted to M1 assets.
C) have their interest computed. D) have reached term if they are insurance policies.
B
Economics
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A consumer price index of 160 in 1996 with a base year of 1982-1984 would mean that the cost of the market basket
A) equaled $160 in 1983. B) rose 160% from the cost of the market basket in the base year. C) rose 60% from the cost of the market basket in the base year. D) equaled $160 in 1996.
Economics
The demand curve for a monopolistic competitor is likely to be steeper than that of a monopolist
a. True b. False Indicate whether the statement is true or false
Economics