Which of the Following Would Indicate That the Dollar Amount

question 69

Multiple Choice

Which of the following would indicate that the dollar amount being analyzed is money?

• A)M₁ money stock of $1.4 trillion at the end of 2010
• B)Microsoft profits of $500 billion in 2010
• C)The first quarter of 2002
• D)Nominal GDP in 2010 of $14.7 trillion

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Definitions:

License

A personal privilege to do some act or series of acts on the land of another, without possessing any ownership interest in the land. A permit or authorization to do something that, without a license, would be unlawful.

Commercial Purposes

Activities undertaken with the intention of generating profit or revenue, as opposed to personal or non-commercial use.

Undue Advantage

Gaining benefits or advantages in an unfair or unethical manner, often at the expense of others.

Recover

The act of obtaining a return of something or compensation for loss or damage.