Answer:
D) M2 is the best definition of money as a medium of exchange.
Explanation:
M2 includes all M1 plus some broader types of money which represent near money such as savings accounts, money market securities, mutual funds, small denomination time deposits (CDs worth less than $100,000). These are classified as ear money because they can be easily and quickly converted into currency (cash) or checking account deposits.
Answer: The correct answer is choice A - a huge increase in the monetary base.
Explanation: From before the financial crisis began in September of 2007 to when the crisis was over at the end of 2008, the amount of Federal Reserve assets rose, leading to a huge increase in the monetary base.
Answer: B. How do people decide how much to save for the future, or whether they should borrow to spend beyond their current means?
Explanation:
It should be noted that microeconomics has to do with studying of economic agents like the individuals and the firms and how their decision affects the society while macroeconomics deals with the whole economy.
The microeconomic topics can have an impact on macroeconomic topics is option B "How do people decide how much to save for the future, or whether they should borrow to spend beyond their current means".
This is because savings and expenditure have an impact on the economy had whole and this can lead to certain decisions to be taken by the government.
A thesis statement should be clearly stated and narrowly focused. False
Earnings on an IRA grow until C. you take the money out.
An IRA will continue to earn interest and gain value until your money is taken out of the account. Once the money is taken out, the interest will stop being earned. An IRA is a good savings plan to invest your money into for potential gain. There are low and high risks with investments but IRA's are pretty easy to navigate for first time investors.
