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3 years ago

What will maximize the amount of interest you earn ?

1 answer:

3 0

Alright bud so basically what maximizes the amount of interest you can make would be a high interest rate along with a long period of time

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Money demand refers to a. how much income people want to earn per year. b. how much currency the Federal Reserve decides to prin

Ivahew [28]

Answer:

The answer is C. how much wealth people want to hold in liquid form

Explanation:

Money demand is the demand for holding cash. Money demand is also desired holding of money, whether the money is cash at hand or bank deposits. This can be likened to the transactional motive of holding money.

Money demand is affected by the following: level of income, inflation, interest rate etc...

4 0

4 years ago

What is the difference between a hands-off manager and a hands-on manager?

xeze [42]

Answer:

In general, a hands-on manager spends more time interacting directly with employees and working on tasks. This contrasts with a manager who has a more hands-off approach and spends a lot of time in his office making decisions and delegating tasks

Explanation:

7 0

3 years ago

Read 2 more answers

When price decreases, quantity increases. Price elasticity of demand measures how much ________.a. The price decreasesb. The pri

erastova [34]

Answer:

Price elasticity of demand measures how much the quantity increases when price decreases.

Explanation:

Price elasticity is the percentage change in the quantity demanded, divided by the percentage change in the price.

If the percentage in the change in the quantity demanded is bigger than the percentage in the change of the price we talk about elastic demand.

If the percentage in the change in the quantity demanded is smaller than the percentage in the change of the price we talk about inelastic demand.

And if he percentage in the change in the quantity demanded is excatly the same than the percentage in the change of the price we talk about unit elastic demand.

6 0

3 years ago

Which would be the best economic measure to compare standards of living among nations over time?

frosja888 [35]

Changes in real income per capita

3 0

3 years ago

SDJ, Inc., has net working capital of $2,060, current liabilities of $5,550, and inventory of $1,250.

alexandr1967 [171]

Answer:

Current ratio = 1.37 times

Quick Ratio = 1.15 times

Explanation:

The current ratio and quick ratios both are measures to assess the liquidity position of businesses. These are useful indicators of how well the business is equipped to meet its current obligations using its liquid assets.

To calculate these ratios, we must first determine the value of current assets. We are given the value of net working capital. The net working capital is the difference between the current assets and the current liabilities.

Net Working capital = Current assets - Current Liabilities

2060 = Current Assets - 5550

2060 + 5550 = Current Assets

Current assets = $7610

Requirement 1.

The current ratio is calculated as follows,

Current Ratio = Current Assets / Current Liabilities

Current ratio = 7610 / 5550

Current Ratio = 1.3711 rounded off to 1.37 times

Requirement 2.

The quick ratio is calculated as follows,

Quick Ratio = (Current Assets - Inventories) / Current Liabilities

Quick Ratio = (7610 - 1250) / 5550

Quick Ratio = 1.1459 rounded off to 1.15 times

6 0

3 years ago