The money supply known as M3

a. does not include credit union accounts
b. excludes certificates of deposit
c. includes M2 + large denomination time deposits and repurchase agreements
d. excludes travelers' checks
e. does not include demand deposits

C

Economics

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The above table gives Sue's marginal utility schedules for sub sandwiches and Mountain Dew, the only products Sue consumes. Suppose initially the price of a sub sandwich is $4 each and the price of a Mountain Dew is $2 each. Sue's income is $12

If the price of subs rises to $6 each, Sue will consume A) more Mountain Dews. B) fewer subs. C) fewer Mountain Dews so that she can still afford to buy two subs. D) Both answers A and B are correct.

Economics

Which of the following would be a part of macroeconomics?

A) the change in automobile sales due to a change in the price of automobiles. B) a tax reduction impact on the profits of a business. C) inflation. D) the unemployment of workers displaced by technological change in the typesetting industry.

Economics