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1 year ago

The most liquid monetary aggregate is: ___.

Business

1 answer:

Alex17521 [72]1 year ago

7 0

M1 is the most liquid monetary aggregate.

A measure of the money supply in an economy is called an aggregate of money. To standardized monetary aggregates in the US, the following labels are applied:

MO The monetary base, usually referred to as the physical money supply or coinage and bank reserves maintained by the central bank,

M1: M0 in its whole plus traveler's checks and demand deposits

All of M1, money market securities, and savings accounts are considered M2.

Despite not being frequently noticed and being distinct from the money supply, the monetary base is a crucial monetary aggregates. The total amount of money in circulation as well as the fraction of commercial bank reserves that is kept on hand by the central bank are included. Since it may be multiplied using the fractional reserve banking system, this is also sometimes referred to as high-powered money (HPM).

Learn more about monetary aggregates here

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Answer:

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3 years ago

Harrison Corporation is studying a project that would have an eight-year life and would require a $300,000 investment in equipme

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Answer:

The payback period for this project is closest to 2 years

Explanation:

Initial investment = $300,000

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Cash variable expenses = ($200,000)

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Depreciation expenses = $37,500

Total Fixed expenses: $150,000 + $37,500 = ($ 187,500 )

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