The narrowly-defined money supply in the U.S., called M1, does not include which of the following?
A) Coins in circulation
B) Currency in circulation
C) Currency in the vaults of commercial banks
D) Demand deposit liabilities of commercial banks
C
Economics
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Farmers can plant either corn or soybeans in their fields. Which of the following would cause the supply of soybeans to increase?
A) an increase in the demand for corn B) an increase in the price of soybeans C) a decrease in the price of corn D) an increase in the price of soybean seeds
Economics
Which of following is not an important category of bias in human decision making?
A. Temptation. B. Limited processing power. C. Reluctance to change. D. Single-mindedness.
Economics