Answer:
![M_1 = $3111](https://tex.z-dn.net/?f=M_1%20%3D%20%243111)
![M_2 = $12409](https://tex.z-dn.net/?f=M_2%20%3D%20%2412409)
Explanation:
Given data:
Amount of currency held = $1347 billion
checkable deposit $1347 billion
saving deposit $8189 billion
small time deposit $400 billion
market fund $709 billion
Saving deposit in the form M2 and M1
M_1 = currency held as individual and traveller check + checkable deposit
= $1347 + $1764
![M_1 = $3111](https://tex.z-dn.net/?f=M_1%20%3D%20%243111)
M_2 = M_1 + saving deposit _ time deposit + maket funds
= $3111 + $8189 + $400 + $709
![M_2 = $12409](https://tex.z-dn.net/?f=M_2%20%3D%20%2412409)
Answer:
Utility
Explanation:
Utility is an economic term used to represent satisfaction or happiness. Marginal utility is the incremental increase in utility that results from consumption of one additional unit.
Answer:
(A) in the summary of significant accounting policies.
Explanation:
It has the company's financial statements and also describes the key policies that are being followed by the accounting department. This policy summary is mandated by the accounting framework like IFRS or GAAP.
Answer:
A strictly dominant action produces: a higher payoff than any other action the player can use for every possible action of the other players.
Explanation:
A strictly dominant action does not play fair. Here, there is no equality because strict dominance requires all payoffs to be strictly greater.
A strictly dominant strategy is that strategy that always provides greater utility to a the player, no matter what the other player's strategy is.
A rational player will avoid a strictly dominated counterpart because if his opponent uses strictly dominated action he will be come out worse off regardless of which moves other players make.