The definition of M2 includes
I. M1.
II. money market mutual funds.
III. currency held outside of banks.
A) I and II only
B) I and III only
C) II and III only
D) I, II, and III
D
Economics
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The contribution to output growth of technological progress is estimated by how much of the output growth can be explained by the growth in inputs
Indicate whether the statement is true or false
Economics
The new classical interpretation of the economy suggests that
A) output is always above the natural level. B) output is always below the natural level. C) output is always equal to the natural level. D) recessions will not occur.
Economics