-According to the Table Above, the Value of M1 Is

question 176

Multiple Choice

-According to the table above, the value of M1 is ________ and the value of M2 is ________.

• A) $813 billion; $2,490 billion
• B) $805 billion; $2,490 billion
• C) $813 billion; $3,303 billion
• D) $1,488 billion; $3,978 billion

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Definitions:

Automatic Stabilizer

Economic strategies and initiatives aimed at balancing shifts in a country's economic performance without interference from governmental or policy-making bodies.

Supply-Side

Economic theory that emphasizes the importance of increasing supply (production of goods and services) as the key to economic growth, lower unemployment, and lower inflation.

Federal Budget Deficit

The shortfall in the federal government's budget when its expenditures surpass its revenues.

National Debt

The total amount of money that a country’s government has borrowed by issuing securities, usually through selling bonds.