Examlex
Everything else held constant,an increase in the money market fund ratio will result in ________ in the M1 money multiplier and ________ in the M2 money multiplier.
NDP
Net Domestic Product, a measure of a country's economic output that accounts for depreciation, representing the net value of all goods and services produced within a country's borders in a given time period.
Transfer Payments
Payments made by the government to individuals without any goods or services being received in return, such as welfare or unemployment benefits.
Intermediate Goods
Products used as inputs in the production of other goods, including raw materials, components, and completed inventory.
Per Capita
A statistical measure that represents the average per person, commonly used to compare economic indicators such as income or GDP among different populations.
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