Answer:
M1 = $10 million
M2 = $280 million
Explanation:
Data provided in the question:
Currency in circulation = $4 million
Checkable deposits = $6 million
Savings deposits = $200 million
Small-denominated time deposits = $40 million
Market mutual fund deposits = $30 million
Now,
M1 includes the currency in the circulation and demand deposit.
i.e the currency circulation and checkable deposit.
Thus,
M1 = currency in circulation + checkable deposits
or
M1 = $4 million + $6 million
or
M1 = $10 million
and,
M2 is broader measure of money supply which also includes the savings
Therefore,
M2 = Currency in circulation + Checkable deposits + Savings deposits + Small-denominated time deposits + Market mutual fund deposits
= $4 million + $6 million + $200 million + $40 million + $30 million
= $280 million
Answer:
D. Fixed cost per unit will decrease.
Explanation:
In a flexible budget, those expenses that do not change within a sales range appear primarily as fixed costs. One example is maintenance and cleaning. The costs that change significantly based on sales appear primarily as variable costs and show as percentages of sales.
Answer:
A.$2,619
B.$6,800
C.$839
D.$495
Explanation:
Calculation to Determine the amount to be paid in full settlement of each of the invoices,
a) (2,800-200)*99%+45
=2,600*99%+45
=2,574+45
= $2,619
b) (7,600-800)
= $6,800
c)$1,400 – $600 – $16 + $55
=$784+$55
= $839
d)$500 –$5 = $495
Answer:
The correct answer is option D.
Explanation:
Economic growth can be defined as the increase in the goods and services being produced in a country. It means more income, GDP, production and employment.
At high growth rates, life expectancy increases better medical facilities and better living conditions are available. The infant mortality rate is reduced. Higher growth rates imply a better standard of living. As the income of the people increase they experience a better life. The government also has more earnings to spend on better facilities and infrastructure,
Answer:
the answer is 450.
Explanation:
You just need to divide the amount of shares by the new total. I hope this helps!