Which of the following is counted as part of M2?

a. Currency.
b. Checkable deposits.
c. Money-market mutual funds.
d. All of these.

d

Economics

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In Figure 11.1, a decrease in consumer wealth is represented by a change in the consumption function from

A) to . B) C3 to C1. C) C2 to C1. D) C1 to C2.

Economics

In an all-currency economy in which real output and the real interest rate are fixed and the rates of money growth and inflation are constant, the inflation rate equals

A) the real interest rate. B) the nominal interest rate. C) the growth rate of the nominal money supply. D) the level of real seignorage revenue.

Economics