The other checkable deposits component of the M1 measure reported by the Federal Reserve includes
A) negotiable time deposits.
B) money market mutual fund shares.
C) automatic transfer from savings accounts.
D) money market deposit accounts.
C
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The hands-off view of the classical school rests on which of the following two simple propositions about markets?
a. Demand creates its own supply and markets are basically competitive. b. Industrial policy is inevitable and all prices are flexible. c. Market failure occurs and prices are rigid. d. Wages are sticky downward and market failure is inevitable. e. Markets are basically competitive and prices are flexible.
Most studies indicate that tobacco and marijuana tend to be
a. substitutes. b. complements. c. unrelated because one good is legal while the other one is illegal. d. inferior goods.