The M2 aggregate
A) includes M1 plus short-term investment accounts.
B) includes M1 plus large-denomination time deposits.
C) equals currency plus checking account deposits at commercial banks.
D) is the best definition of money purely as a medium of exchange.
A
Economics
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Most successful examples of modern economic growth have occurred in a country with
a. a temperate-zone climate. b. a market economy. c. exports of manufactured goods. d. all of the above.
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Which of the following is true in the short run? a. MC = ATC at the lowest point of ATC
b. MC = AVC at the lowest point of AVC. c. When AVC is at its minimum point, ATC is falling. d. All of the above are true.
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