According to the table above, the value of M1 is ________ and the value of M2 is ________
A) $813 billion; $2490 billion
B) $805 billion; $2490 billion
C) $813 billion; $3303 billion
D) $1,488 billion; $3978 billion
C
You might also like to view...
The above table has the demand and supply schedules for money. Real GDP increases and, as a result, the demand for money increases by $0.1 trillion at each level of the nominal interest rate. The new equilibrium interest rate is
A) 5 percent. B) 2 percent. C) 10 percent. D) 3 percent. E) 7 percent.
If a Japanese company opens a new factory in South Korea, it makes
a. foreign direct investment. The factory will make a bigger impact on South Korea's GDP than on its GNP. b. foreign direct investment. The factory will make a bigger impact on South Korea's GNP than on its GDP. c. foreign portfolio investment. The factory will make a bigger impact on South Korea's GDP than on its GNP. d. foreign portfolio investment. The factory will make a bigger impact on South Korea's GNP than on its GDP.