2 years ago

A normative economic statement can be proved or disproved by reference to facts?

1 answer:

6 0

No, A "Normative economic statements are those statements that cannot be either proved or disproved with reference to facts."

However, "Positive economic statements are those statements which can be either proved or disproved with reference to facts."

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Currency held outside banks is $200 billion, money market mutual funds (retail) are $10 billion, small-denomination time deposit

ratelena [41]

Answer:

M2 = $470 billion.

Explanation:

M2 = Currency + Money market mutual fund + Time deposits + Saving deposits

M2 = 200 billion + 10 billion + 40 billion + 220 billion

M2 = $470 billion.

M2 is a calculation of the money supply that includes all elements of M1 as well as "near money"

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2 years ago

S= (1+r)c. find c if s=174 and R<br> =455

solong [7]

174=(1+455)c
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lidiya [134]

You expect to find and increase knowledge of what really fits for you to do for the rest of your career life.

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nirvana33 [79]

The answer is true because empowerment is a positive thing which leads to a positive outcome.

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The fed can increase the federal funds rate by

Stella [2.4K]

The answer is selling Treasury bills, which decreases bank reserves. The government securities that are used in open market processes are Treasury bills, notes or bonds. If the FOMC needs to grow the money supply in the economy it will acquire securities. On the other hand, if the FOMC wants to decrease the money supply, it will vend its securities.

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