Suppose the price level rises and the money wage remains constant. This set of changes leads to

A) an upward movement along the LAS curve.
B) an upward movement along the SAS curve.
C) a leftward shift of the SAS curve.
D) a leftward shift of the SAS curve and the LAS curve.

B

Economics

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Of the following, the largest is

A) money market deposit accounts. B) demand deposits. C) M1. D) M2.

Economics

Demand deposits are included in

a. M1 but not M2. b. M2 but not M1. c. M1 and M2. d. neither M1 nor M2.

Economics