Which of the following is NOT a component of M1?
A) savings deposits
B) currency
C) demand deposits
D) traveler's checks
E) Both answers C and D are correct.
A
Economics
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Refer to the graph below representing the purely competitive market for a product. When the market is at equilibrium, the deadweight loss would be:
A. Area a
B. Area b
C. Area d
D. Zero
Economics
The lower portion of the circular flow model contains factor markets in which households provide:
A. goods and services. B. savings, spending, and investment. C. natural resources, labor, and capital. D. output of all final goods and services produced.
Economics