____ is an object in use as a medium of exchange, but which also has a substantial value in alternative uses

If a bank purchases government securities rather than lends funds, the:

a. M2 money supply does not rise. b. M2 money supply rises, but not by as much as when the funds are lent. c. M2 money supply rises by more than would be the case if the funds were lent. d. M2 money supply rises by the same amount as if they were lent.

A nation's real GDP was $250 billion in 2014 and $265 billion in 2015. Its population was 120 million in 2014 and 125 million in 2015. What is its real GDP growth rate in 2015?

A. 1.1% B. 5.7% C. 6.0% D. 15.0%