Item Billions of Dollars Money Market Mutual Fund Balances Held By Businesses $100 Money Market Mutual Fund Balances Held By Individuals $230 Currency In Banks 12 Currency In Circulation 65 Savings Deposits 55 Large-denominated ($100,000 or more) Time Certificate Deposits 180 Small-denominated ($100,000 or less) Certificate Time Deposits 80 Checkable Deposits $70 Refer to the accompanying table. The value of the money included in M2 but not counted in M1 is (Enter you numeric value with no commas and no dollar signs)

True or False.  Quantitative Easing is similar to traditional monetary policy.

Select the characteristics below that most closely fit with perfect competition.

Mark all that apply.  If the fed buys bonds

Which items will shift the productions possibilities frontier outward.

Development of more effective wireless technology increases or decreases the supply of cell phones?

Which of the following is not a basic monetary policy tool used by the Fed?

Suppose the following data describe output in two different years: Item Year 1 Year 2 Apples 20,000 @ 25¢ each 30,000 @ 30¢ each Bicycles 700 @ $800 each 650 @ $900 each Movie Rentals 10,000 @ $1.00 each 12,000 @ $1.50 each Compute real GDP in year 2 (Enter as a numeric value e.g. 100000)

Development of more effective wireless technology increases or decreases the supply of cell phones?

The table below shows the amount of sugar and cars each country can make with the same amount of resources.  Sugar (tons) Cars Cuba 40 max 10 max Mexico 50 max 100 max Which country has a comparative advantage in cars?