1. When comparing monetary aggregates?

Question options:

	M1 is larger than M2 when prices are rising and M1 is less than M2 when prices are falling
	M1 is larger than M2 when interest rates are rising and M1 is less than M2 when interest rates are falling
	M1 is smaller than M2
	M1 is larger than M2

2. The mayor of the town wants to issue bonds to pay to make Electric Avenue higher. If the current interest rate on corporate bonds with the same credit risk is 8% and the take rate is 25% then the town can issue bonds paying what percent?

Question options:

	6%
	2%
	4%
	8%