Fluctuations in the relative demand for stock market mutual funds versus money-market mutual funds causes instability in the overall demand for
A) M1 but not M2.
B) M2 but not M1.
C) M2 and M1.
D) neither M1 nor M2.
B
Economics
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A buyer values a house at $525,000 and a seller values the same house at $485,000 . If sales tax is 8% and is levied on the buyer, then, what would be the highest price that the buyer would be willing to pay?
a. $525,000 b. $523,800 c. $485,000 d. $486,111
Economics
If the price of output decreases, the labor ________ curve shifts to the ________.
A. demand; left B. demand; right C. supply; left D. supply; right
Economics