M1 includes
a. small time deposits.
b. savings deposits.
c. other checkable deposits.
d. money market mutual funds.
c
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Suppose the domestic supply (QSU.S.) and demand (QDU.S) for bicycles in the United States is represented by the following set of equations:QSU.S. = 2PQDU.S. = 200 - 2P.Demand (QD) and supply (QS) in the rest of the world is represented by the equations:QS = PQD =160 - P.Quantities are measured in thousands and the price, in U.S. dollars.In the absence of international trade, ________ thousand bicycles will be sold in the rest of the world at a per unit price of
A. 80; $80. B. 50; $100. C. 100; $100. D. 100; $50.
One family earned an income of $28,000 in 1995. Over the next five years, their income increased by 15 percent, while the CPI increased by 15 percent. After five years, this family's nominal income ________, and their real income ________.
A. decreased; increased B. increased; did not change C. increased; also increased D. decreased; also decreased