When each member of a group has transitive preferences but the collective preferences of the group are not transitive, this is an anomaly known as the ________

The circular flow model shows the government purchasing goods and services with tax dollars

Indicate whether the statement is true or false

If you gave your friend a gift of a corporate bond, such as a $100 General Motors bond, your friend would have a gift of

a. M1 money b. M2 and fiat money c. specie d. near money e. not money