Given the Following Information,what Are the Values of M1 and M2

question 4

Multiple Choice

Given the following information,what are the values of M1 and M2?

• A) M1 = $400 billion,M2 = $2,475 billion.
• B) M1 = $125 billion,M2 = $3,025 billion.
• C) M1 = $425 billion,M2 = $2,450 billion.
• D) M1 = $425 billion,M2 = $1,875 billion.

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Definitions:

Unions

Organizations formed by workers to collectively bargain with employers for better wages, working conditions, and other employment rights.

Income

Earnings received by an individual or entity in exchange for labor or services, from investments, or through other sources.

Living Standards

The level of wealth, comfort, material goods, and necessities available to a person, group, or society.

Industrial Democracy

A form of organizational governance in which workers have a direct or representative role in decision-making processes.