The M1 money supply consists primarily of:
a. savings deposits
b. certificates of deposit.
c. miscellaneous near-monies.
d. checkable deposits.
e. money market mutual fund accounts.
d
Economics
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The relative income hypothesis is associated with the ideas of
a. John M. Keynes b. Milton Friedman c. Franco Modigliani d. James Duesenberry e. Adam Smith
Economics
If consumption and investment spending decline, then state and local government spending is likely to
A. Decline, leading to less economic instability. B. Increase, leading to less economic instability. C. Increase, leading to more economic instability. D. Decline, leading to more economic instability.
Economics