Given the following information, what are the values of M1 and M2?
Small time deposits
Demand deposits and other checkable deposits
Money market mutual funds
Large time deposits
Miscellaneous categories in M2
M1 = $4,310 billion, M2 = $6,285 billion.
M1 = $2,050 billion, M2 = $9,985 billion.
M1 = $2,110 billion, M2 = $8,485 billion.
M1 = $3,610 billion, M2 = $9,985 billion.
Labor Data for Aridia
Number of employed
Number of unemployed
Refer to Table 28-2. The labor force of Aridia in 2010 was
2009 Labor Data for Baltivia
Number of adults 20,000
Number of adults who are paid employees 8,000
Number of adults who work in their own businesses 1,600
Number of adults who are unpaid workers in a family member's business 1,000
Number of adults who were temporarily absent from their jobs because of an earthquake 400
Number of adults who were waiting to be recalled to a job from which they had been laid off 200
Number of adults who do not have a job, are available for work, and have tried to find a job within the past four weeks 1,400
Number of adults who do not have a job, are available for work, but have not tried to find a job within the past four weeks 780
Number of adults who are full-time students 3,000
Number of adults who are homemakers or retirees 3,620
Refer to Table 28-3. How many people were employed in Baltivia in 2009?
Below is data about the labor market in the state of Northwoods.
Refer to Table 28-8. If the state government imposed a minimum wage of $8, how many people would be unemployed?
Scenario 34-2. The following facts apply to a small, imaginary economy.
• Consumption spending is $6,720 when income is $8,000.• Consumption spending is $7,040 when income is $8,500.
Refer to Scenario 34-2. In response to which of the following events could aggregate demand increase by $1,500?
A stock-market boom stimulates consumer spending by $300, and there is an operative crowding-out effect.
A stock-market boom stimulates consumer spending by $550, and there is a small operative crowding-out effect.
An economic boom overseas increases the demand for U.S. net exports by $550, and there is no crowding-out effect.
An economic boom overseas increases the demand for U.S. net exports by $300, and there is no crowding-out effect.