Which of the following is NOT included in the MZM definition of money?
A. small-denomination time deposits.
B. currency.
C. travelers checks.
D. money market funds.
Answer: A
Economics
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If consumers tend to buy higher quantities of goods and services for which prices rose in the past year compared to the quantities of goods and services for which prices fell, we would say the economy has likely experienced
A. reflation B. stagflation C. deflation D. inflation
Economics
If the interest rate is 4 percent, then you would be equally happy if you received a gift of either $100 today or a gift of
a. $110.00 two years from today. b. $112.49 three years from today. c. $116.00 four years from today. d. $123.67 five years from today.
Economics