Since the 1980s, "NOW" accounts have been included in
A) M1, but not M2.
B) M2, but not M1.
C) both M1 and M2.
D) the monetary base and M1, but not M2.
E) neither M1 nor M2.
C
Economics
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Higher nominal interest rates ________ the amount of money demanded and higher real income ________ the amount of money demanded.
A. increase; increases B. decrease; increases C. increase; decreases D. decrease; decreases
Economics
The demand curve for a monopolist is
A. the industry demand curve. B. the same as the demand curve for a perfectly competitive firm. C. a unitary elastic demand curve. D. a perfectly inelastic demand curve.
Economics