The idea of a "New Economy" driven by hi-tech equipment such as computers, cell phones, and the World Wide Web was rooted in part in the apparent simultaneous reversal of which of the following economic problems?

M1 money includes all the following except

a. traveler's checks b. demand deposits c. savings accounts d. paper money e. coins

Comparing State economies to that of the US as a whole shows that

a) about half the States are in recession at any point in time b) when the US enters a recession, about 20% of the States experience economic expansion, and vice versa c) there is very little correlation between the national and regional economies d) there is a highly positive correlation between the national economy and most State economies e) the 12 Federal Reserve districts experience business cycles independently of each other