Which of the following forms the largest share of gross domestic product in the United States, when measured using the expenditure method?

Many small governments provide more utility to individuals than one large government in most cases because _____

a. individuals have heterogeneous preferences and can move to an area that suits their taste for government b. individuals have homogeneous preferences and can move to an area that suits their taste for government c. the optimal sharing group for nearly all public goods is the local level d. individuals generally have a preference for local government

All of the following are included in M1 EXCEPT

A) coin and currency. B) money market mutual fund shares. C) traveler's checks. D) checking account balances.