Which of the following counts as part of M1?

A) $5,000 worth of gold
B) $5,000 in a checking account
C) $5,000 worth of government bonds
D) $5,000 credit line on a credit card
E) $5,000 of real estate

B

Economics

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The firm in the above figure breaks even when quantity is

A) A. B) B. C) C. D) D.

Economics

Given a fixed upsloping AS curve, a rightward shift of the AD curve will ________.

A. increase both the price level and real output B. cause cost-push inflation C. increase the price level but not real output D. increase real output but not the price level

Economics