The distinction between M1 and M2 is based on
A. portability—the ease with which an asset can be moved.
B. divisibility—the ease with which an asset can be used to make smaller payments.
C. liquidity—the ease with which an asset can be converted into cash.
D. storability—how long an asset will retain its value.
Answer: C
Economics
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If society produces at a point inside the production possibilities frontier, it is characterized by full employment of resources
a. True b. False Indicate whether the statement is true or false
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Distinguish between predatory pricing strategy and bundling strategy.
What will be an ideal response?
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