1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
adoni [48]
2 years ago
9

contains funds you have in your bank checking account as travelers' checks and the currency in circulation in the economy.

Business
1 answer:
Marysya12 [62]2 years ago
3 0

<u> M1 </u> contains funds you have in your bank checking account as travelers' checks and the currency in circulation in the economy.

<h3><u>What exactly is M1?</u></h3>

Currency, demand deposits, and other liquid deposits, such as savings accounts, make up M1, which is the money supply. Due to the fact that M1 contains assets and currencies that are either already cash or can be swiftly changed into cash, it is the most liquid element of the money supply. M2 and M3's "near money" and "near, near money," which fall under these categories, cannot, however, be changed to money as rapidly.

<u>How to Determine M1?</u>

The coins and notes of the Federal Reserve that are in circulation outside of the vaults of depository institutions and the Federal Reserve Banks make up the M1 money supply, also known as bills or paper money. The mainstay of a country's monetary system is paper money.

M1 also comprises demand deposits, other checkable deposits (OCDs), traveler's checks (issued by non-banks), NOW accounts at depository institutions, and credit union share draft accounts.

M1 covers securities that are easily redeemable and in circulation for the majority of central banks. However, the term varies a little bit depending on where you are.

Learn more about M1 with the help of the given link:

brainly.com/question/15584887

#SPJ4

You might be interested in
On November 1 of the current year, Rob Elliot invested $29,750.00 of his cash to form a corporation, GGE Enterprises Inc., in ex
slavikrds [6]

Answer:

1. What is the amount of profit or loss during December?

  • $9,300

2. What were the total expenses for December?

  • $12,950

3. How much was paid for rent?

  • $1,220

Explanation:

we are missing some numbers, so I looked for a similar question. I found one that was almost identical, but the amount of initial paid in capital varied by a little bit. I still used it with the only difference that I used the given common stock, not the common stock that appears in the picture.

Common stock $29,750

retained earnings for November = $5,000

total assets = $56,150

total stockholders' equity = $38,300

retained earnings = $38,300 - $29,750 = $8,550

  • $5,000 from November
  • $3,550 from December

December's profit = $3,550 (retained earnings) + $5,750 (dividends) = $9,300

income statement = $27,250 - total expenses = $9,300 + $5,000 = $14,300

total expenses = $27,250 - $14,300 = $12,950

utilities expense = $12,950 - $6,450 - $4,625 - $1,220 = $655

3 0
3 years ago
anita is assigned to appraise a house in an area with very few sales over the past year. one of the comparable properties she ch
Vaselesa [24]

The action that Anita would have to take for the result of the foreclosed sale would be to Make a positive adjustment to the sales price of the foreclosed home.

<h3>What is a house appraisal?</h3>

This is the term that is used to refer to the unbiased opinion that Anita is going to have about this house. It is based on her professional opinion. The appraisal is required when there is a need to buy a property or to sell one.

In this question the action that has to be taken would be to Make a positive adjustment to the sales price of the foreclosed home.

Read more on appraisals here:

brainly.com/question/7595736

#SPJ1

3 0
1 year ago
Grace called a team meeting at her company to go over the results of her marketing research. Before walking through the results,
bearhunter [10]

Answer:

sorry,I don't know the correct answer

5 0
3 years ago
Read 2 more answers
When is it appropriate to use an absolute reference?
Kipish [7]

Answer:

C.

Explanation:

i just had this question on a paper test and i got it right i hope this helps

5 0
3 years ago
Suppose an economist advises a city's mayor to begin charging drivers a fee to drive on a busy highway during congested times. T
Kazeer [188]

Answer:

The correct answer is the letter b. This is a common occurrence. The policymaker usually disregards an economist's advice because they do not believe it is the most efficient policy.

Explanation:

It is common for policymakers to disregard the advice of an economist. This is because in addition to their often finding that the policies suggested by economists are not the most efficient, they observe the political return of such action, ie not just efficiency, but the extent to which this policy will bring political benefits. Thus, as in this case, the policy is not implemented because it is not popular with voters.

6 0
3 years ago
Other questions:
  • Daily Farm is a manufacturer of consumer goods such as foods, beverages, cleaning agents, and personal care products. It is expe
    9·1 answer
  • True/False
    6·1 answer
  • Hector would like to buy a new pair of soccer cleats. Hector prefers Adidas to Puma brand soccer cleats. But Hector chooses to b
    7·1 answer
  • On January 1, Year 1, the Starshina Company paid $25,000 for a photocopier with an estimated useful life of 4 years, and an esti
    6·1 answer
  • Sun Inc. assigns $6,000,000 of its accounts receivables as collateral for a $2 million 8% loan with a bank. Sun Inc. also pays a
    13·1 answer
  • On January 1, 2020, Carter Company makes the two following acquisitions. 1. Purchases land having a fair value of $200,000 by is
    14·1 answer
  • Schiller Corporation will pay a $2.78 per share dividend next year. The company pledges to increase its dividend by 4.5 percent
    5·1 answer
  • Which of the following transactions or events would have no immediate effect on the times interest earned ratio but will cause d
    12·1 answer
  • When sales exceed production, the net operating income reported under variable costing generally will be:_____.
    12·1 answer
  • A contingent liability which should be disclosed on the balance sheet but does not require footnote disclosure. (true/false)
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!