Which of the following economic perspectives focuses on the need for government to use spending and taxes to shift aggregate demand and thus correct problems of unemployment and inflation?

Refer to the above table. The value of M1 is

A) $910 billion. B) $2,560 billion. C) $860 billion. D) $1,360 billion.

Which of the following is a drawback to having a common currency across countries, as in the European Union?

A) Having a common currency implies that the prices of goods across countries must always be the same, regardless of consumer preferences for goods across countries. B) A common currency increases barriers to trade across countries, reducing opportunities for economic growth. C) With a common currency, individual countries are no longer able to run independent monetary policies. D) None of the above is a drawback to a common currency.