In march 2006, currency held by individuals and businesses and traveler's checks was $ 742 billion; checkable deposits owned by individuals and businesses were $ 642 billion; savings deposits were $3,641 billion; small time deposits were $1,020 billion; and money market funds and other deposits were $732 billion. calculate m1 and m2 in march 2006.

What preforms the best over the long term? a) bonds b) mutual funds c) stocks d) certificate of deposit

Use the information below to answer the following question. the boxwood company sells blankets for $60 each. the following was taken from the inventory records during may. the company had no beginning inventory on may 1. date blankets units cost may 3 purchase 5 $20 10 sale 3 17 purchase 10 $24 20 sale 6 23 sale 3 30 purchase 10 $30 assuming that the company uses the perpetual inventory system, determine the gross profit for the month of may using the lifo cost method.

Which of the statements best describes why the aggregate demand curve is downward sloping? an increase in the aggregate price level causes consumer and investment spending to fall, because consumer purchasing power decreases and money demand increases. as the aggregate price level increases, consumer expectations about the future change. as the aggregate price level decreases, the stock of existing physical capital increases. as a good's price increases, holding all else constant, the good's quantity demanded decreases.