M1 includes all the following items EXCEPT ________
A) checking deposits owned by individuals and businesses
B) traveler's checks
C) deposits in money market mutual funds
D) currency owned by individuals and businesses
C
Economics
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The rental price of capital is the:
A. equilibrium wage. B. interest paid on loans. C. amount producers pay to use a factor of production. D. value of the expected flow of income gained from ownership.
Economics
A monopsony is an example of:
A. a buyer holding market power. B. a seller holding market power. C. a single seller holding all market power. D. an efficient market with no market power.
Economics