Answer:
Precautionary demand for money
Explanation:
There are three reasons for holding money. They include;
1. Transaction Motive: This refers to the money held by individual or firms in order to finance their day to day transactions. This kind of money is used to fund daily expenditures of individuals and firms.
2. Precautionary Motive: The precautionary motive refers to the tendency of an individual or firms to hold cash in order to meet the unforeseen circumstances. This is Joneas motive of holding money again a sudden drop in income in the future. He isn't sure if his income will drop or increase but he still saves for unforseen circumstances.
3. Speculative Motive: This motive of holding money by individuals and firms is to ensure they have resources to take advantage of future business opportunities.
As the interest rate RISES, the opportuninty cost of holding money rises and people increase their speculative balances.
Answer:
Double-entry bookkeeping
Explanation:
The company utilizes double entry bookkeeping to minimize the entry errors and extract meaningful results by generating a number of financial statements and other useful management information.
Yes because everybody will want so and so car so the price will rise
Answer:
Teacher salaries
Explanation:
A not-for-profit organization (NFP) incurs in two types of expenses:
- program services: expenses related to the programs or activities the NFP offers to the general public. In this case, the NFP is an educational institution, so the services it offers are educational services. Therefore the salaries of the teachers correspond to program services expenses.
- supporting services expenses: expenses necessary to support program services and make them available, e.g. rent, utilities