The largest portion of the M1 money supply consists of
a. coins in circulation.
b. paper currency in circulation.
c. savings deposits at credit unions.
d. checkable deposits.
d
Economics
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The IS curve shifts to the left when ________
A) autonomous consumption increases B) taxes increase C) autonomous investment increases D) all of the above E) none of the above
Economics
In a perfectly competitive industry, the price of good A is $2 . If a firm in this industry decides to increase its price to $2.50, it will:
a. realize an increase in profit of $0.50 per unit output. b. be able to increase the quantity sold of good A. c. be unable to sell any quantity of good A that is produced. d. lose some of its customers in the market. e. experience a decrease in profit of $0.50 per unit output.
Economics