Which of the following is the proper order of assets ranked from most to least liquid?
a. Demand deposits, cash in the hands of the public, large time deposits
b. Travelers' checks, small time deposits, savings-type accounts
c. Small time deposits, large time deposits, demand deposits
d. Cash in the hands of the public, savings-type accounts, demand deposits
e. Cash in the hands of the public, money market mutual funds, small time deposits
E
Economics
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Which of the following cannot be used to shift aggregate demand?
A. A change in government spending. B. A change in taxes. C. Monetary policy. D. A change in the price level.
Economics
Comment on the following statement: "Firms should maximize the difference between marginal revenue and marginal cost."
What will be an ideal response?
Economics